Stop Loss Hunting

[Bambang Sugiarto]

Allegations that brokers deliberately shift prices to trigger clients' stop losses. Have you ever experienced this? If so, please name the broker. Thank You

[soussay]

Not exactly, but worse, I had a profitable account with FXCC, who after great profits shifted my account to the West Indies Offshore to clear me out - which they almost did before I realised it was happening.

So much for a regulated broker!

soussay

 

[bluemac]

Some new traders lose money and then blame their brokers for spiking their stop losses which maybe true or might not because when we don't know what we are doing in the markets how can we blame anyone of our losses.