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Old 11-22-2007, 06:22 AM
kimchi kimchi is offline
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Join Date: May 2006
Location: FU minbet
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Default Re: The Ultimate Leverage Investment Thread

[ QUOTE ]
on another low, crude oil is really annoying. i had a stop loss at $89.90 or so, the lowest the position hit was $90.05 according the igindex but they ended the position and it's now up at $97 or so, irratating. ive been busy the past week so didnt realise they had ended it....nice one john...

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This is a classic problem with spread trading. Since you are trading a derivative of a derivative, the market you are trading often has spikes not seen in the underlying. The market moves overnight also and you can get stopped out if the broker's algorithms calculate your stop was hit, even if the underlying market never traded at that level on that particular day.

It's possible with some SB brokers to buy the SB quote but place stops that are triggered by the underlying market. This might be an option for you to investigate.
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