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Is stop loss hunting real ?

Gabor33
Aug 18 2017 at 10:34
49 posts
Stop loss hunting is real, but it`s not done by your broker. (as long as you use a fully regulated one)
It`s done by big firms and banks, etc.. that are trading the amount of money I can`t even imagine. For example, if a rally is kinda obvious and everyone is getting in buying, they can`t really do the same thing bcoz they`d get a huge slippage and not a lot of profit, instead what they do is, they have the ability (and amount of money) to drive the price lower into obvious support levels and previous lows where most ppl are placing they stop losses (aka sell orders), so they can absorb all that and fill their buy orders with a better price. Or something like that.
For me a scenario like this is much more believable then brokers actually monitoring my SL levels and trying to stop me out from my smallass 2 minilots trade. Regulated brokers cannot do such things anyway bcoz they are closely monitored and it would count as fraudulent activity.

Imamul
Aug 18 2017 at 10:35
576 posts
Can you share more about Hidden SL and TP.

coralforex (coralforex)
Aug 18 2017 at 10:41
6 posts
Is montyly 5% to 9%+ enough for you in FOREX Market?

see live result : https://www.myfxbook.com/members/coralforex/coral-master-system/2215240

togr (togr)
Aug 18 2017 at 10:43
4862 posts
tonyget posted:
Hi new babe here !

I have been seeing all these articles say that 'brokers can see your SL level then sudden widen spread to hit your SL'.

I thought spread is always the same for on same broker(same type of account). Since all traders have different SL level, if SL hunting is real does that mean broker's server give different spread for individual traders ?


OK.
SO there are accounts with fixed spread and variable spreads.
Variable spreads are lower but you pay commission. They of course fluctuate a lot. Check how the spreads are changing in mt4.
Fixed spreads should have been fixed. They are not, they fluctuate as well.

leo23
Aug 20 2017 at 06:27
566 posts
Imamul posted:
Can you share more about Hidden SL and TP.

It is very simple. You just need to add one additional line code for closing the trades so that a BUY order will be closed if the Bid price will go below hidden stoploss value in terms of points from the order open price.

Same way a SELL order will be closed if the Ask Price will go above hidden stoploss value in terms of points from the order open price.

Same way TP can be set for trade close.

So instead of directly applying the SL and TP, the EA will close the trades when the hidden SL or TP is reached.


Artificial General Intelligence
togr (togr)
Aug 21 2017 at 07:59
4862 posts
Imamul posted:
Can you share more about Hidden SL and TP.


you just run the ea,

ea has SL and TP that are not visible to broker

instead it closes trades when SL or TP are reached

Zeus888
Aug 21 2017 at 10:54
15 posts
SL hunting can be done by the big banks but they don't care about where any individual retail traders stop loss is, so I wouldn't worry about it

Slim101
Aug 22 2017 at 06:14
9 posts
OK consider this you paranoid nuts! Do you really believe that your little stop loss means anything to the banks or brokers. You must think you are really something. LOL Get over it, no one cares what you are doing blame your losses on the real person that is at fault YOU!

togr (togr)
Aug 22 2017 at 06:15
4862 posts
Zeus888 posted:
SL hunting can be done by the big banks but they don't care about where any individual retail traders stop loss is, so I wouldn't worry about it


market maker broker will be profitable when you loss
real ECN broker has no such interest

TopMasterTrader
forex_trader_[264513] ()
Sep 14 2017 at 06:44
6 posts
Hi,

It's not that the broker is hunting your SL but more of bigger institutions so called smart money. They have power to move price up or down to hit your SL so they can get your orders and move market back into the direction that it was previously going.
Please watch this video to see the real time example:

Good luck.

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