Hi all,
This is query regarding the Stop Loss triggered. I am using 5paisa TTadv.
The issue is sometimes, when my Stop Loss gets triggered, the trade is not executed. It goes away and against my direction of trade (as it would when a SL gets triggered.) however the trade is not executed.
To illustrate my point, say in DLF, I have gone long @ 275, SL @ 273.40 and Trigger Price @ 273.50. When the price reaches 273.50, my SL gets triggered. However, the trade does not get executed @ 273.40. It goes much below that.
So instead losing 1.6 points in my trade and I lose more than that depending on where I square off manually.
This is having a adverse affect on my trading account and trading psychology. I cant seem to trade properly after this happens.
1. I want to know from the people in the Traderji forum if anyone else has experience this issue with 5paisa or any other brokers?
2. Is there something I am doing or any fault with the software?
3. Is there anyway I can overcome this things?
4. If it is normal and happens sometimes, does people also take into account this type of situation while trading and treat it as part and parcel of the trading.
5. Any other suggestion which help me overcome this things or help me trade normally after this things happens.
This is query regarding the Stop Loss triggered. I am using 5paisa TTadv.
The issue is sometimes, when my Stop Loss gets triggered, the trade is not executed. It goes away and against my direction of trade (as it would when a SL gets triggered.) however the trade is not executed.
To illustrate my point, say in DLF, I have gone long @ 275, SL @ 273.40 and Trigger Price @ 273.50. When the price reaches 273.50, my SL gets triggered. However, the trade does not get executed @ 273.40. It goes much below that.
So instead losing 1.6 points in my trade and I lose more than that depending on where I square off manually.
This is having a adverse affect on my trading account and trading psychology. I cant seem to trade properly after this happens.
1. I want to know from the people in the Traderji forum if anyone else has experience this issue with 5paisa or any other brokers?
2. Is there something I am doing or any fault with the software?
3. Is there anyway I can overcome this things?
4. If it is normal and happens sometimes, does people also take into account this type of situation while trading and treat it as part and parcel of the trading.
5. Any other suggestion which help me overcome this things or help me trade normally after this things happens.