- Joined
- 7 September 2011
- Posts
- 356
- Reactions
- 1
I have started trading index's on the Market Makers for such things as Gold and Silver.
I had stop losses in place, however all of a sudden a massive $25 crash burst through my stop and put me so far in the red that my head spun.
I guess this post is mostly me venting but I urge people to use the guaranteed stops even though it costs more margin as anything can happen and this whole fiasco has left me doubting the value of my skills as a day trader.
Heed this warning - it will save you in the long run in my opinion.
I had stop losses in place, however all of a sudden a massive $25 crash burst through my stop and put me so far in the red that my head spun.
I guess this post is mostly me venting but I urge people to use the guaranteed stops even though it costs more margin as anything can happen and this whole fiasco has left me doubting the value of my skills as a day trader.
Heed this warning - it will save you in the long run in my opinion.