A question for forex users

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  • halfpint
    GFY's Halfpint
    • Jun 2007
    • 15223

    #1

    A question for forex users

    Just wondering when im using the advanced forex trading system sometimes all activities stop on the buy and sell, sometimes this can be for a couple of minutes sometimes less, Is this normal or is this the software freezing or my connection. Im using the FXCM trading system.

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  • marketsmart
    HOMICIDAL TROLL KILLER
    • Dec 2004
    • 20419

    #2
    sometimes if there is a lot of volatility, the system will lag or even shut down for a minute or two.

    i noticed this week that several times i had to retry closing positions several times..

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    • cardinalvices
      Confirmed User
      • Dec 2006
      • 2084

      #3
      a few minutes lag is no good for Forex. You know better that a few minutes can cause 100-150 points of difference..

      Comment

      • halfpint
        GFY's Halfpint
        • Jun 2007
        • 15223

        #4
        Cheers this is bad if its the software or server lagging due to a lot of activity. Like you said above a couple of minutes could loose you money

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        • halfpint
          GFY's Halfpint
          • Jun 2007
          • 15223

          #5
          Originally posted by marketsmart
          sometimes if there is a lot of volatility, the system will lag or even shut down for a minute or two.

          i noticed this week that several times i had to retry closing positions several times..
          that is not good at all

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          Comment

          • marketsmart
            HOMICIDAL TROLL KILLER
            • Dec 2004
            • 20419

            #6
            Originally posted by halfpint
            that is not good at all
            i should have mentioned that i dont usually set stops/limits...

            if you have a limit set or stop loss, your trades should still get executed..

            its only when i am manually closing out trades that i have had an issue and like i said it only happens when there is a lot of volatility..

            whats going on in the forex market is unseen.. i made more money this week there ever before...

            btw, hit me up if you ever want to chat about trading

            i only turn icq on sun-thurs...

            157713798 icqqqqqqqqqqq

            Comment

            • halfpint
              GFY's Halfpint
              • Jun 2007
              • 15223

              #7
              Originally posted by marketsmart
              i should have mentioned that i dont usually set stops/limits...

              if you have a limit set or stop loss, your trades should still get executed..

              its only when i am manually closing out trades that i have had an issue and like i said it only happens when there is a lot of volatility..

              whats going on in the forex market is unseen.. i made more money this week there ever before...

              btw, hit me up if you ever want to chat about trading

              i only turn icq on sun-thurs...

              157713798 icqqqqqqqqqqq
              Thanks, I also have not tried setting limits or stop losses yet and I am also doing it manually. I am still playing with the practice trade station but I have now signed up and been accepted for a live account but wont be funding or using it just yet. I have always "so far" made a profit when ever I have used the practice station and just hope I can do the same when I do decide to "go live" and use real money ..shit this can suck you in if you aint carefull and you can make and loose a lot of money.

              Thanks for the offer of chatting on ICQ I might just hit you up

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