error : automatic closing of sell position in loss instead of profit
It's called "spread"!
There is a Ask price and a Bid price. Charts only shows the bars/candles based on Bid (or Last) prices.
- A "buy" position opens at the Ask price and closes at the Bid price.
- A "sell" position opens at the Bid price and closes at the Ask price.
Enable the Ask price line on your chart so that you can track the current value visually.
Badara Ndaw:
Hi i don't understand why my sell order has resulted on loss when the SL has not been reached , actually the tp should have been reached instead (find chart attached). Can someone please explain, find position details below :
Hi i don't understand why my sell order has resulted on loss when the SL has not been reached , actually the tp should have been reached instead (find chart attached). Can someone please explain, find position details below :
price : 1.97192 / SL : 1.97440 / TP : 1.97082
typically between the hours of 0 and 1 are wider spreads. This may result in the current price hitting your sl.
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price : 1.97192 / SL : 1.97440 / TP : 1.97082