the big problem is when the market closes at 101, and open the next day at 91, of course the stop loss will trigger, and your loss is incommensurable!
it's always better to place a stop limit order to resolve the issue, and I think that TOS platform charges a higher fee on that specific type of trades..
Wouldn't placing a stop and a limit order be the same as an OCO? I mean if price drops to 100 it will sell all shares and there won't be any more shares to sell if price goes back up to 110. Unless it sells short. Would it sell short in such a case?
the big problem is when the market closes at 101, and open the next day at 91, of course the stop loss will trigger, and your loss is incommensurable!
it's always better to place a stop limit order to resolve the issue, and I think that TOS platform charges a higher fee on that specific type of trades..
modo203 1 year ago
Wouldn't placing a stop and a limit order be the same as an OCO? I mean if price drops to 100 it will sell all shares and there won't be any more shares to sell if price goes back up to 110. Unless it sells short. Would it sell short in such a case?
wojtek0000 2 years ago
Very informative, thank you!
karmanotdogma 3 years ago