looking for a broker quarranty a maximm loses equal to capital

Guys after the new EURCHF data I realized that forex handling include a negative risk outside the total lost of capital.
Although I never handled the CHF I normally go for 1 Mio or higher positions in the EURUSD.


Now I realize that a drama in the EURUSD ( what could drive it ? I don't know but everything is possible in life ) could create easily damages of 200k for a 1 Mio Euro position. Stop loss order cant protect us as it was proven in the EURCHF case. So I am looking for a broker willing to quarranty maximum losses equal to our investment capital.

Do you know anyone ? How are your handling the new problem ? Are peoples understanding that they invest 10k and they can land with a -50k account over a night ?

What kind of broker could prevent such event? or protect what so ever retail capital when market drops 1000 times faster than a crisis?

The solution is somewhere else.

Think ahead:
- Avoid mainstream... 95% sheeps were long on EURCHF. (They go where newspaper tell them to go) and then 100% of them are wipped out.
- People would be sceptical on such information.

Don't blame broker... they can't do nothing for you. You are (individualy) the only responsible.

As you mention EURUSD, since sepember 2014, I created a strategy that I'm currently testing called 'Trading Against the Crowd'. Since then, 13 orders have been opened on that pair... and it only opened Short positions since the last 5 months, while this time I monitored retail traders were mainly long over 65%.

It always sold the lowest market price (when people think it's time for a correction because they decided market can't go futher down)... and it has been profitable as the trend is so bearish.

Current trade @ 1.1133... no worries.

SynergyFX is supposed to be bringing out an account with this protection but won't be for US clients, and leverage is restricted 1:100. Waiting and seeing what comes out.

Here is an equity protecting bot. You can set it to shut down mt4/just the ea when it reaches a certain equity %/drawdown.

I doubt it would have been useful in the CHF fiasco, It looks at your equity/dd every 5 seconds, and that massive drop happened in a second. Maybe someone could edit it to check every second instead?

It doesn't matter.... Liquidity was the pb... any order would have been executed while the HUGE drop.

Thanks for your response.


@aeronthomas

This will be great. I found already one OANDA having such a clause in their agreement.

@RSTrading

This will not help. Even L orders was overrided in the case of EURCHF

@CrazyTrader

Yes you are right. I am shorting EURUSD since summer. I don't step in and out. I just preserve a short position which I slowly close. I don't trade with TA like you or the most. I look on the fundamentals of the economies and the policy behind.

Thanks for your reply. I took a look in your site. great work

@CrazyTrader

with eur.usd ατ 13.40 are you still confidence about this ? I start getting some stomach pains lol 😲

theodoros1 posted:
@CrazyTrader

with eur.usd ατ 13.40 are you still confidence about this ? I start getting some stomach pains lol 😲

Why stressing? EURUSD is condamed to hit parity

@CrazyTrader I am stressing because euro is hitting meanwhy 1 .14 😲

theodoros1 posted:
@CrazyTrader I am stressing because euro is hitting meanwhy 1 .14 😲

Last partial trade has been opened @ 1.1325 and SL @ 1.1469 for both trade