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trailing stops

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Frogg
Frequent Contributor
anybody else having a problem with stops not triggerng
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6 REPLIES 6
RisseN
Contributor
I just had a stop loss fire on an almi trade but the order didn't get placed. Something weird going on with stop losses.
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john_1
Super Contributor
ya.. the problem with stops on the almi.. is that it is based off ruling price.. so if there has been no trade for 500 points then no stop will triggger... they really need to link the stops on the almi to the alsi.. to make trading the instumnet viable.. I do however believe that it is a great and CHEAP way to learn to trade the index..
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SimonPB
Valued Contributor
an ALMI volume picking up which heps, albeit at arund 600 contracts a day still small .. when it's tens of thousands contracts a day, then it'll work a treat ..
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RisseN
Contributor
I understand the ruling price trigger issue. What im a bit confused about is that I set my trigger at a certain level and then set the actual stop loss 50 points above that (I was short). So surely when the almi eventually does trade and my stop is fired, the order should still be placed even if it doesn't match? So when I go to my list of orders I would see one sitting there that hasn't matched?
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SimonPB
Valued Contributor
yip, you should try the call centre (phhone not email)
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john_1
Super Contributor
ya but in the mean time.. everybody is losing cash.. its not difficult to peg the stop to the underlying alsi.. and then we might see it pick up to the thousands you speak of
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