Have you ever had an open trade that has been stopped out before price actually reached your stop loss level?
Or maybe seen price reach your trade profit target level, but the trade never closed in profit?
How about this one, you set up a pending buy order at a key price level, the market does reach your price level on the chart but the trade never gets triggered?
You are thinking to yourself," What the hell is going on here?" You start blaming your broker or start cursing the market fueled with frustration and rage.
You've become aware that this is a recurring problem and you really start coming up with conspiracy theories about your broker and the market, thinking they are out to get you and they are making it as hard as possible to profit in Forex trading.
Well here is a big slap in the face, it's not the market, it's not the broker, it's YOU!
What you are failing to do is FACTOR IN THE MARKET SPREAD into your trade levels.
A professional trader must always account for the spread otherwise you will experience these inconsistencies with trades not triggering or stops being triggered before they were hit.
Hope this help :)
