Stop Loss Distance – Too Close!?

GraHal · 2019-07-10T18:13:48+00:00

How does anybody interpret this message which I have been getting a lot lately. On a 1 x Lot Long entry … I have tried setting an SL at > 12, > 24, > 48 points below a Long entry and each time I get the message attached. Also … wtf does the per point mean??

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07/10/2019 at 7:13 PM #102400 quote

GraHal
Participant

Master

How does anybody interpret this message which I have been getting a lot lately.

On a 1 x Lot Long entry … I have tried setting an SL at > 12, > 24, > 48 points below a Long entry and each time I get the message attached.

Also … wtf does the per point mean??

07/10/2019 at 7:59 PM #102408 quote

robertogozzi
Moderator

Legend

Have you deleted the attachment?

07/10/2019 at 8:45 PM #102410 quote

GraHal
Participant

Master

No and it was there!?

Here it is again

Stop-Loss-1.jpg

07/10/2019 at 9:16 PM #102412 quote

robertogozzi
Moderator

Legend

I don’t know what perpoint means.

If you use SET STOP LOSS/pLOSS you should not mind about that.

I usually use an IF condition to check I’m not too close when I use a trailing stop code.

07/10/2019 at 9:54 PM #102413 quote

GraHal
Participant

Master

Thank you Roberto, you are so good always being ready to help any / all of us.

My fault for confusion … I get the message during manual trades.

07/11/2019 at 7:20 AM #102431 quote

Nicolas
Keymaster

Legend

Distance of your stoploss is 0.0012 or 0.00012?

0.0012 is actually 12 pips/points.

07/11/2019 at 9:49 AM #102441 quote

GraHal
Participant

Master

I tried > 12 pips and > 24 pis and even 140 odd pips and each time I got the same error message.

I’ll try and analyse a bit more next time what is going on and report back.

07/16/2019 at 2:45 PM #102671 quote

Maria PRT
Moderator

Average

Hello,

As this message is sent by IG, do not hesitate to contact them in order to get further information.

Best regards,

Maria

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