I am a new trader who has been successfully demo trading my system for 4 months now. I am approaching going live.
I realize that NO broker ‘guarantees’ stop loss, and theoretically SL is a function of liquidity at any given moment in the market.
Here’s my question for you veterans:
How reliable is Stop Loss? What have been your experiences? Any horror stories?
My belief is that I will NEVER have more than a certain $$ amount with a broker…with the vast majority of my trading capital existing safely OUTSIDE my brokerage account.
My suggestion would be to also use a price alarm where your stop loss is so you can go and check your platform and see wether actually your stop loss was executed or not.