Call your broker with specific questions but my guess is that JO
is not very liquid and once a stop is triggered it filled lower.
Only a Stop Loss Limit Order would state a specific price but
then you may not get stopped out if no bids at that
price.
Yup so what you want to do in a Stop Limit order is enter a Stop
Price i.e. .18 and Limit Price something lower i.e. .16 but as
Steve pointed out if it gaps down and never sees a minimum bid of
.16 you may not be stopped out which is the risk with a Stop Limit
vs. just a Stop.
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Fidelity Trading Account Puzzle -
Posted by lsherrer on 20th of Jun 2019 at 11:08 am
Fidelity Trading Account Puzzle - Why would a sale of JO take place .13 below my stop loss price when the price was .16 above there?
Call your broker with specific
Posted by steve on 20th of Jun 2019 at 11:10 am
Call your broker with specific questions but my guess is that JO is not very liquid and once a stop is triggered it filled lower. Only a Stop Loss Limit Order would state a specific price but then you may not get stopped out if no bids at that price.
Yup so what you want
Posted by deep on 20th of Jun 2019 at 12:27 pm
Yup so what you want to do in a Stop Limit order is enter a Stop Price i.e. .18 and Limit Price something lower i.e. .16 but as Steve pointed out if it gaps down and never sees a minimum bid of .16 you may not be stopped out which is the risk with a Stop Limit vs. just a Stop.