Today I attempted to trade the Australian interest rate at 10:30. In my effort to show the good with the bad I can honestly say this was a disaster. Thank God I only traded 2 lots instead of 5 like i was considering. It should of been an easy win but for some reason I was filled 20 pips above the 10:30 bar. I went back to re watch the video and it shows my spread was 6 pips. I checked to see where the 10:30 bar opened and I was filled 52 pips from the open of the spike bar and 20 pips above the high of the 10:30 bar. I've written my brokerage about this and hopefully we can resolve the issue. I dont mind spreads widening but getting filled 50 pips away from the open when my spread shows 6 pips is wrong. Anyway watch the massacre below. Ill update after I speak to my rep. (Go full screen and switch quality to 720p to see the video better)
11/7/12 UPDATE: heard from my broker. they wont refund the trade and said this happened because there was a gapping market. Funny because there was a gap on all of the brokers I was trading but none of the others filled this bad. They offered me trading rebates moving forward from November onwards of $2 per standard lot traded. I've been having issues recently with bad spreads and bad fills with these guys so it might be time to jump ship and move on.
No comments:
Post a Comment