Using stop limit orders on the DAX

[newtrader12]

Hi all,

I am a new trader and just looking at the DAX in Sim mode. If I went live do I have to use a market order to place my trades.

I noticed on the EUREX website stop limit orders are not allowed. I am concerned about slippage if using a stop market order

Any suggestions on how people trade the DAX much appreciated

Thanks

newtrader

 

[yoramv]

use a broker that simulate it

Hi all,

I am a new trader and just looking at the DAX in Sim mode. If I went live do I have to use a market order to place my trades.

I noticed on the EUREX website stop limit orders are not allowed. I am concerned about slippage if using a stop market order

Any suggestions on how people trade the DAX much appreciated

Thanks

newtrader

IB simulate stop limit

 

[newtrader12]

IB simulate stop limit

Thank you for your response. What is the difference between a stop limit and a simulated stop limit

Just want to understand why a simulated stop limit is allowed

Thanks again