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    BROKERS DONT RESPECT STOP LOSS (HOW TO USE TP AS SL INSTEAD) ?

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      Nande Designs last edited by Nande Designs

      Hi all I realise that brokers have no respect for stop-loss during News break-outs. They will literally ignore them and take back your equity. The excuse they use for this is "the market is too fast" even when you use a VPS... yet the market is never too fast to trigger and activate a trade, its just too fast to stop your loss. Which is hilarious but great. So all trades/orders always get triggered but not all stop-losses do (unless there is a Gap, which is a different condition altogether).

      So as a solution... I have never seen anyone complain about a Take-Profit that was not respected. EVER. So I want to use Take Profit as a Stop Loss and Trail it. So for example... Say I want to buy GBPUSD and trail my stop-loss at 15 pips... So I buy it but instead of using trailing "Stop-Loss" for it, I use trailing "Take-Profit"... How do I make this work ? I see there is a provision for it here at Fxdreema... My thinking or logic is that I should write a negative sign before the TP so that it is behind the Current Price and not in front of it... (E.g. TP -15)... That way, my order does not get triggered at 15 pips away infront of current price as per normal TP, but instead TP follows the price from behind. When price retraces, it locks profit as a Stop-Loss would, except its a TP "so it gets respected".

      My only technical worry now is using the negative sign on TP (to put it behind price instead of front of it) in the BuyNow block and using negative sign again for the second time on the Trailing TP block. Is it necessary to use negative sign twice (both on the BuyNow and Trailing TP blocks)
      ? Am I doing it right according to link below ?

      PLEASE REVIEW MY BLOCKS HERE e(https://fxdreema.com/shared/TeYbtGJ9d)

      I have looked at almost similar questions asked before but the answers are not straightfoward but evasive besides not being exactly like my particular questin... Can someone out there help ?

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