Stopped out by the spread, not the price: was that a valid loss?
Here's a frustrating one. You're in a short, your stop is a few pips above a level, and the chart shows that price never actually reached your stop. But you're stopped out. Looking more closely, the ask price spiked because the spread widened, often around rollover, news, or a quiet patch.
On most charts, candles show the bid price. A short position is closed at the ask, so your stop is triggered when the ask hits it. If the spread widens, the ask can reach your stop while the bid on the chart stays well below it.
Psychologically this feels unfair, and it's tempting to treat it as an exception or as broker manipulation. But it's part of how trading works. The question is whether your stop placement and timing account for it.
A few things help. Showing the ask line on the chart makes it visible. For shorts, placing stops with some allowance for normal spread variation at that time of day reduces how often this happens. Avoiding holding tight-stop positions through rollover or major releases helps too.
In the journal I log these separately, so I can see if they're a pattern rather than a one-off. If they happen often, it's a placement or timing issue, not bad luck.
Have others found a sensible buffer for this?