Stop loss execution

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Stop loss execution policies are slightly different than in equity trading because most online forex brokers guarantee that our stop-loss order will be executed at the order rate.  To be bable to guarantee that, brokers rely on the spread. At Currency Traders Club there are two main things that we take heed to when it comes to stop-loss orders:

-Stop-loss orders to sell are triggered if the broker`s bid price reaches our stop-loss order rate

-Stop-loss orders to buy are triggered if the broker`s platform`s offer price reaches our stop-loss rate

The benefit of this practice is that some firms will guarantee against slippage on our stop-loss orders in normal trading conditions.  Of course, rarely, will any broker guarantee stop losses around the release of economic reports.

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