Why did MT4 close my trade?
Your Stop Loss or Take Profit may have been triggered. If you no longer have enough equity in your account to support the trade's margin requirements, the automated stop-out system will start to close out your trades.
If you have several open positions on your account in MetaTrader 4, the position with the highest level of floating losses will be closed first. If you have several open positions in MetaTrader 5, the position with the highest starting balance will be closed first.
What does this mean? The 'market is closed' error message means you are trying to trade outside of the product's trading session. You will not be able to place or change orders over the weekend, on market holidays or and at other times when the relevant markets are generally closed.
A trade may close automatically when the Stop Loss or Take Profit order you set is triggered, or when its contract expires. Stop Loss and Take Profit are risk management tools that add an extra layer of protection to your investment.
The trade is disabled in MT4 error message means that you can't execute any trades with your broker. This error message usually appears when you try to place a new trade. It can indicate that you are trying to execute a trade while the market is closed, on an invalid symbol or your account hasn't been set up correctly.
The most common reason for trades being closed unexpectedly is due to choosing stop or limit levels from the chart while using the incorrect price setting, resulting in the spread not being accounted for.
However, when a trade doesn't go as planned, and it produces losses, the margin level can easily go below 100%. If it reaches a certain point (usually it's 50% margin level), the broker will start closing the positions automatically until the margin level goes above that point.
The MT4 platform was the most popular forex and CFD trading platform in existence, but was recently superseded by the birth of its more recent relative MT5. Much of the digital trading world was thrown into the dark when in late September, Apple made the decision to ban the download of MT4 and MT5 from the App Store.
The close is simply the end of a trading session in the financial markets, however, closing times tend to vary between market and exchange. Many markets also offer after-hours trading beyond the official close, although traders should exercise caution when transacting outside of traditional market hours.
Not in the foreseeable future, meaning at least the next 3-4 years. Reason is there is no widely accepted retail alternative in the market. Stopping to offer MT4 means to stop doing retail business for brokers (and Metaquotes).
What happens when a trade is closed?
If the trader closes the futures position for a loss the funds are withdrawn from the traders account and their account balance will go down. Once trades are closed the margin that was being used for that trade is no longer needed and that margin is now available if the trader wants to place another futures order.
A Forex stop out is when all of a trader's active positions in the foreign exchange market are automatically closed by their broker. This happens when a trader's margin level falls to a specific percentage - known as the stop out level - meaning that they can no longer support their open positions.
At market close, a number of trading positions are being closed, which can create volatility in the forex markets and cause prices to move erratically. The same can be the case when markets open. At this time, traders are opening positions perhaps because they don't want to hold them over the weekend.
Although the MetaTrader4 and MetaTrader5 ban shocked the market, it didn't create an unresolved problem. Traders can still trade on MT4 and MT5 desktop terminals or utilise the mobile application if they are an Android user.
Recently, the much-appreciated trading platforms all over the world, MT4 and MT5, have been banned in India. This is a major shock for traders. The Indian government made this decision unexpectedly. It is believed that this happened because these platforms are not registered in India and thus operate illegally.
Yes, it is. Unfortunately, some platforms do manipulate the market. However, it does not mean you should lose hope right at once.
The difference between the price at which the position in a security was opened and the price at which it was closed represents the gross profit or loss on that security position. Positions can be closed for any number of reasons—to take profits or stem losses, reduce exposure, generate cash, etc.
Stop-loss orders can sometimes make a trade order restrictive, which could eventually lead traders to get out of a trade prematurely due to a false market signal. No stop-loss trading strategy can help avoid false triggers created due to unforeseen market volatility or market noise.
It is possible to trade without using stop losses or take profits, but it comes with certain risks and considerations. Stop losses and take profits are risk management tools that help traders limit potential losses and lock in gains.
If there is market turbulence and your position suddenly drops 25%, you will suffer a $1,250 loss, or 125% of your deposited money, due to the leverage. This means your $1,000 balance won't cover your losses and you would owe the broker $250 – if they didn't provide negative balance protection.
How long can I hold my trade?
Key Takeaways
There is no set time that an investor can hold a short position. The key requirement, however, is that the broker is willing to loan the stock for shorting. Investors can hold short positions as long as they are able to honor the margin requirements.
Closing a trade in the forex market means ending a position to realize gains or minimize losses.
App versions of the popular PC electronic trading platforms are provided by MetaQuotes Software Corp., a Russian software company that also has registration offshore in Limassol, Cyprus.
After being removed from the AppStore for approximately six months, Apple has reinstated MetaTrader 4 (MT4) and MetaTrader 5 (MT5) to the iOS AppStore, giving users the ability to download and use these popular trading platforms once again!
The reason is alleged non-compliance with guidelines by the developers of the MetaTrader 4 mobile apps. Currently there is no way to install MT4 app on devices running Apple's iOS.
