FXDD MT4 coses position by itself - do you have the same?
May 06, 2010 at 22:45
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3 Replies
forex_trader_8466
Member Since Mar 10, 2010
68 posts
May 06, 2010 at 22:45
Hi,
It have happend to me 5 or more times already, that my position suddenly closed without SL or manual closing it [like a bug in MT4] does it happen to you guys too?
It's extremaly irritating, but this never happend to me with any other broker. Therefore even if I would win, I wouldn't be able to trade those 200 trades... ;)
It have happend to me 5 or more times already, that my position suddenly closed without SL or manual closing it [like a bug in MT4] does it happen to you guys too?
It's extremaly irritating, but this never happend to me with any other broker. Therefore even if I would win, I wouldn't be able to trade those 200 trades... ;)
forex_trader_8490
Member Since Mar 11, 2010
17 posts
May 06, 2010 at 23:09
It's really difficult to say what the problem is, but I guess you are stopped-out (your positions are liquidated, mistakenly called by most traders 'Margin Call'). The Stop-out level at FXDD is 100%, not 5%, 25%, 70% etc. like with other brokers (Alpari, etc.)
To make sure if this is the reason, check the comments and you will have a message like this:
so:99%/............./[stopout]
So don't place too big order sizes. The leverage is only 1:200, so can open max. 1.5 lots with 1k.
To make sure if this is the reason, check the comments and you will have a message like this:
so:99%/............./[stopout]
So don't place too big order sizes. The leverage is only 1:200, so can open max. 1.5 lots with 1k.
forex_trader_8466
Member Since Mar 10, 2010
68 posts
May 06, 2010 at 23:53
you right!
However I still don't get it' 100% of what? With $1000 how long can I keep 0.1 lot EU open without SL?
However I still don't get it' 100% of what? With $1000 how long can I keep 0.1 lot EU open without SL?
forex_trader_8490
Member Since Mar 11, 2010
17 posts
May 08, 2010 at 08:47
Krysztau posted:
It's extremaly irritating, but this never happend to me with any other broker.
Wow!!! You have never been stopped-out (had a 'Margin Call') before? Congratulations. It looks to me like you are a beginner trader or trade in an extremely risky way.
100% is of the available Equity (not Balance). Say you have won and your equity is $2000 and leverage 1:200. So you can buy around maximum 3.2 lots of EURUSD. You bought 2 lots and now the price goes against you, so your position(s) are liquidated (Margin Call) one by one.
Almost everybody had this problem and it is described in every FX forum. Just check 'Margin Call' and you will have hundreds of posts about it.
As I said before, 'Stop Out' is not the same as 'Margin Call', but nobody cares.
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