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Stop Gunning

Discussion in 'General Forex Talk' started by Suleman, Feb 22, 2010.

  1. Suleman

    Suleman Recruit

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    Well hello folks i m a bit new to forex .... wanted to know if stop gunning a normal practices by the brokers or is it rare ... and also how to avoid it ??? thanx
     
  2. ernest8fingers

    ernest8fingers Master Sergeant

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    Easy-open a big phat trading account and dont use any Stops. Of course you might not sleep anymore while your trades are open but at least you wont get stopped out.:(
     
  3. Pharaoh

    Pharaoh Colonel

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    My personal recommendation. Use a mental stop (and ALWAYS stick to it) that covers your standard risk management. Put in a hard stop a much greater (and less tempting for stop runs) distance away. This prevents you from getting totally wiped out if your internet connection goes down at the same time the market does a hard reversal on you.
     

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