Limit order

Created at 14 Jul 2014, 12:48
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RK

rkokerti

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Joined 28.06.2012

Limit order
14 Jul 2014, 12:48

Dear Developers,

I placed a Buy Limit Order at 1.8350 yesterday. The position was created 53 minutes later at 1.8377! The difference is 27 pips.

Can you please explain why? Why cAlgo allows to create this position? 

Definition of 'Buy Limit Order' from Investopedia:

"By using a buy limit order, the investor is guaranteed to pay that price or better, meaning that he or she will pay the specified price or less for the purchase of the security."

@rkokerti
Replies

Spotware
14 Jul 2014, 14:50

Dear Trader,

Please contact your broker for such information.

@Spotware

rkokerti
14 Jul 2014, 15:04

Contact my Broker? 

Again! Why cAlgo allows to create this position? What use is Limit Order in this case? This is not the first time I experienced this

This operation is cause financial loss for me! Please set cAlgo to NOT allow this operation in the future!

@rkokerti

Spotware
14 Jul 2014, 15:09

Please contact your broker. We cannot provide more information.

@Spotware

rkokerti
14 Jul 2014, 15:31

I think cAlgo is a great software. I know how much work to develop this type of system. I had similar job previously. 

And I know it can be avoided in this type of operation. 

I don't understand why to sacrifice the reputation for this issue!

@rkokerti
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