PENDING ORDER

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sangeeta_25 2015.09.24 14:19
 

Hi, can someone explain this to me.. I have put a 8 lot sell stop order to sell at a certain price and also a take profit to go with that, my trade has sold beyond that yet my pending order was not triggered???

WHY? I am so confused. 

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sangeeta_25 2015.09.24 14:21 #
 

also this has happened twice it is as if my orders were deleted but only I have access to my accounts...

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GumRai 2015.09.24 14:47 #
 
sangeeta_25:

Hi, can someone explain this to me.. I have put a 8 lot sell stop order to sell at a certain price and also a take profit to go with that, my trade has sold beyond that yet my pending order was not triggered???

WHY? I am so confused. 

I don't know what you mean by

my trade has sold beyond that 

 but most likely with placing a trade for 8 lots, you don't have enough free margin

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sangeeta_25 2015.09.24 14:51 #
 
GumRai:

I don't know what you mean by

 but most likely with placing a trade for 8 lots, you don't have enough free margin

Hi, thank you for your comment.

So do you know what the maximum LOT size is on a £4000 account? is it only 1 lot?  

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GumRai 2015.09.24 23:55 #
 
sangeeta_25:

Hi, thank you for your comment.

So do you know what the maximum LOT size is on a £4000 account? is it only 1 lot?  

It depends on leverage and symbol traded

ie.

If trading EURUSD

contract size is 100,000 USD 

 with 100:1 leverage

you need 1000 USD free margin for 1 lot 

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sangeeta_25 2015.09.25 17:50 #
 

 

 

 

Thank you, makes sense now :) 

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