contest stop loss

HI, to me it's not clear the trade management rules in trader contest.

Once a trade is open,Is possible to :
1) move the stop loss?
2)move the take profit?
3)close manually/cancel the open position?
4)use trailing stop?

Many thanks

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Answers: 2

Best Answer

in trader contest:
1. you can move stop loss (min 5 pips from current price)
2. you can move tp (min 5 pips from current price)
3. you can close position manually
4. you can not use trailing stop

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17 July 2015 by

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As mentioned above, you can move SL and TP. About closing manually, the important note is, it will be considered as bad practice in order quality. Which means your order quality point will be decreased if you close position manually or margin call happened.

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14 Nov. 2015 by

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