Hidden stoploss and takeprofit
luisneves:
IMO only if you have a bad case of Paranoia . . . and if you do then you should see a professional about it.
Hi all,
Could anyone clarify me if there any advantage to get the soploss anf takeprofit hide from brokers ?
There are some benefits to doing this if your strategy is one that means your sl or tp levels change a lot during an open trade, if you manage them internally it could be a lot less OrderModify()'s.
SDC:
And some potentially huge disadvantages . . . if your PC crashes or you lose Internet connection you have open trades with no SL/TP except for a margin call.
There are some benefits to doing this if your strategy is one that means your sl or tp levels change a lot during an open trade, if you manage them internally it could be a lot less OrderModify()'s.
You can do both internal SL management and a conventional SL some amount of pips larger as a failsafe.
Hi all,
Could anyone clarify me if there any advantage to get the soploss anf takeprofit hide from brokers ?
Thank you in in advance
Luis