First post so be gentle !
Fairly new to SB ing - about two months and slowly learning the ropes, reading books etc and making usual mistakes chasing Footsie etc but slowly filtering out bad habits.
Thing is I have a question for the experts out there regarding a trade yesterday.
I was shorting on Betfair on a pound a point after making a few quid on them recently.
My stop was set on 939 and I seemed ok when I checked lunchtime, then when I took a look at around 16.00 I had been stopped out at 15.11 .
Trouble is when I checked the tick chart the highest figure including spike reached was 933.11 .
I phoned the SB firm and asked for an explanation the the girl on the phone said she would have to speak to a MM. She called back and said the cash price had reached 933.11 but I had been stopped out by the spread which reached 940.57 and would send me the chart showing this which has not materialised yet !
So is this correct because I have seen the spread vary today as much as 8 points on Betfair.
Thanks in advance and sorry for long winded first post.