As for losses.
Let's talk about it. Our Hear of Legal... had asked this thing a long time.
Let's recall (for the beginning) where my stop-orders and market price were at the time of spread widening.
Market price EURJPY was at 128.200 +/-. Everyone can verify this, see the attached file named “file_3”.
Making my strategy which was broken by
Squared Financial Provide Next Generation Trading Software I saw and expected that the nearest pivot point zones (PPZ) were at 130.300 +/- (up-zone) and 126.800 +/- (down zone).
And I expected that the market price will unfold in one of these zones and will go to another zone. Moreover, the probability that the market price will go down was higher than the probability that market price will go up.
This is confirmed by the fact that my sell-stop-orders were closest to the market price than my buy-stop- orders (40 pips from market price to nearest sell-stop-order VS 60 pips from market-price to nearest buy-stop-orders). There was a possibility of breaking through of these zones, but not very large.
And I put stop-orders with the appropriate take-profits directly in this scenario. Targets of some orders were a little further than these zones. It is usually used with a trailing-stops which starting at PPZ.
Look at the file named “PPZ”. The price reached the bottom – 126.571 – June 25 (slightly lower than 126.800 – about 23 pips lower - it's important), turned and walked up to the level 130.637 (slightly higher than 130.300 – about 33 pips - it's important) – July 2.
Now let's look at what I was deprived of the actions and/or omissions of
Squared Financial Provide Next Generation Trading Software.
Look at the file named “direct losses”.
In the red rectangles you can see 5 deleted buy-stop-orders with the target at 130.300 or slightly low, 1 buy-order #916 which was closed by stop-out and 2 buy-orders in red oval (1 market stop-outed #992 and 1 deleted #583).
In the right column everyone can see the sum of direct losses on each buy-order (without spread and commission of course). The losses are written in red digits.
In the blue rectangles you can see 2 stop-outed sell orders with the target at 126.800 and in the the blue oval you can see 2 stop-outed and 1 deleted sell orders.
In the right column everyone can see the sum of direct losses on each sell-order (without spread and commission of course). The losses are written in blue digits.
All calculations are made only to the level of PPZ, - 130.300 and 126.800. Not more, to avoid accusations of self-interest and without the influence of the trailing stop.
It's more than 15,000 EUR.
It's only the direct losses from previously established orders, excluding gains when market price moved from the bottom up.
It was a very delicate and accurate adjustment of volumes and positions of orders and it was broken.
Who is responsible for that?
Look at the file “transactions 3 sell-stop”. Do you see at the top of the file the date and time: 25.06.2013 6:42. I can guess it's the date and time of no return of my positions while they are returned of their own positions if they do not lie in that.
Ask yourself the simple question: why they did not return my positions back?
Maybe they were too lazy?
Or they liked my positions?