OK, I got to ask, how can we find out what happened. I can't even begin to guess - unless you made some sort of massive trade and defaulted on your margin - in which case I should be worried, and will be asking - what the blazes did you do???
Let me guess, just for fun You place both a long and a short, but since the trading house guarentees a specific stop-loss, you gain the up on one of the two, but not the down on the other. If this is the strategy, you need two trading houses that both have guarenteed fixed stop losses. Anyway, just guessing for fun.
being short and long the same underlying only ever makes your broker rich. I know lots fo people think this is an excelelnt idea, as the marklet moves you close the one position (the loser). But then you have made 3 trades to get to be in position (the short and long and closing one of them). Why not just wait until the market moves, and enter (the entry requires exactly the same everything that the closing does, except opposite side, but still need to act etc.) = only one trade.
i agree Simon, just a thought, if they really want, they can make a virtual trade somewhere to determine which is the one to really buy, e.g. write both trades down, when the one moves more than x% in the direction of the stoploss, by the other in real life?
Simon, I agree with you 100%. However, if, and I doubt if this is true, but if IG has fixed stops that are guarenteed, even on overnight positions, then surely it is easy to have an open overnight position both long and short, with the losing side being capped. But, like I say, big if. IG will go bankcrup quickly if they guarentee stops on overnight positions.