GBP Flash crash

• 05/03/2017 at 11:34 AM #34395
  Seemore Profit

  Hi all.

  In market conditions like that you can honestly get filled anywhere. IG guaranteed stops are really worth their weight in gold if you can use them. Most markets you only have to pay a tick.

  Other ways to protect yourself is out the money options as a hedge.

  Ive traded direct with the exchanges and the fills you can get on stop over volatile periods can be horrific and seem them wipe peoples trading accounts out. And they can bust trades. They dont offer guaranteed stops.

  Be aware of the news and whats going on, any tech trader who says news is priced in, show him your IG fills, as its just as bad in the underlying market.

  Jamie

  

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  05/04/2017 at 8:26 PM #34573
  Eric

  but when can we use guaranteed stops in proorder?

  never?

   

   

  

  Eric

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  05/05/2017 at 7:44 AM #34589
  Nicolas

  Eric wrote:

  but when can we use guaranteed stops in proorder?

  I heard months ago that it will be possible.. but I don’t know when. Remember that it is an IG feature. I’ll try to get more information on this, hold on 🙂

  2 users thanked author for this post.

  Elsborgtrading, Eric

  

  Nicolas

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  05/05/2017 at 7:53 AM #34591
  David

  I’m not the type of person that likes to use overused terms but if Guaranteed Stops can be placed via PRT systems that would be a serious Game Changer. I’m not aware of other platforms that have this option.

  

  David

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  05/05/2017 at 10:16 AM #34610
  Seemore Profit

  I use IG, and edit my stop order to guaranteed via their platform. Hopefully will be available on PRT soon, if you use a broker that offers them.

  

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