To Aurora97:
Not every broker will behave like this. You cannot expect every broker to vigorously abuse their clients trust, clients also have their responsibility to manage their own trading account. If they are too busy to trade, please do not let the broker to make the call for you. It is very hard industry for us now as people are slashing rates and you can many Futures brokerage firm out there. And certainly I never charge anyone RM50 per round turn, my client still can belanja me `McD' when they only earn one point from FKLI .

To Chubbyken,
Your stop order will become market order once it is triggered. Meaning to say if you have place a buy stop @1,350, that order will become market order to buy at that moment. And if the market at that time surge to 1,355, your will buy at 1,355.

But if you put stop limit order, you can buy at limit range say ` stop @1,350 limit @1,352' So when the market hit above 1,350, your stop limit will be triggered. You will either get to buy at 1,350~1,352. If the price surge to 1,355, your stop limit order will become buy order and will be queuing to buy at 1,350~1,352 level.

I hope that clears out your confusion. If you wish to know how you can trade online using DMA, please visit Malaysia Futures for more information .

P/s: FYI, the DMA system is stable to use, we already launch it last year and it has been helping people to trade at the comfort from their home, hassle free.

This post has been edited by yhzell: Apr 25 2010, 02:51 PM

That is correct chubbyken. It happen when the market is volatile.