och !
you get filled at best level at a buzzzzz y open
if your trading size a stop is lazy and only part time protection !
who buys from you when you get out ?
some SB do guarenteed ones if you pay extra spread
So if it gaps down 50 points, you lose 50 rather than the 20 your stop protected?
How do they guarantee a stop, don't they lose out then?
With a guaranteed stop you pay an extra spread (or com). 9 times out of 10, the gap between the stop and the fill will be less than the extra spread paid (e.g if you close it yourself, if the trade is closed by a limit order). In theory, the 9 times the company guaranteeing the stop makes money pay for the 1 time they have to wear the slippage. In my experience, the extra charge isn't treated as a revenue stream by the cos.
So if it gaps down 50 points, you lose 50 rather than the 20 your stop protected?
How do they guarantee a stop, don't they lose out then?
What??...and what happens if you put a short order in on a stock at say 100 but it opens at 90 the next trading day. Does your order become active from 100 so you have immediately made 10 points or does it only get filled from 90 and you are at zero unless it moves again?
What??
If you've got a short sale at 100 and you can buy back at 90 the next day then uou make 10 points.
Are you sure you are explaining this right?
I suspect the answer is no, but I'm blowed if I understand the question. Is it a short sale or a stop order?Yeah, you put a stop order in at 100. In forex, price moves past 100 and triggers it.
In stocks it could gap down, does that fill your order? If so, does it fill it at 100? SO if the market gaps down, you immediately make a profit of 10points?
I suspect the answer is no, but I'm blowed if I understand the question. Is it a short sale or a stop order?
OK, I assume we are talking Spread Betting?A stop order to go short at 100. You place it the night before.
The next morning the stock gaps down and opens at 90. Is your stop triggered and at what price?![]()
OK, I assume we are talking Spread Betting?
You can't put a stop (loss) on an opening trade. You put a limit order. So you got a limit order to sell short at 100. It opens at 90, you don't get filled.
Not that I am an expert on SB.
What you are hoping you could do is known as wanting the PUT and the CALL!
You will have to tell me what a P&C and an OCO is first and I will try and answer.Um...you can with spreadbetting, you make a P&C order, which fires off an OCO order as soon as the trade is placed. I'm just not sure if it gaps whether it hits the order or not.![]()
Um...you can with spreadbetting, you make a P&C order, which fires off an OCO order as soon as the trade is placed. I'm just not sure if it gaps whether it hits the order or not.![]()
Please explain it to me. You put a stop loss on a short sale, hoping that it gaps down to your stop and you get stopped out? Then what?I don't have many problems with spreadbetting companies, but opening gaps is one of them.
I suspect that you will lose out on that trade. I think that they will not fill your order until the gap starts to close, which may take a while, and probably there will be a bigger reversal going all the way up to your stop. A nice, quick, profit for them.
Get the idea? You won't have much of an argument to give them. I do not trade overnight because I have been around that block, myself.
Trading overnight is fine if you already have a good profit buffer from the day before. Putting an order on,
or near,the open is not a good idea. IMO-
I don't have many problems with spreadbetting companies, but opening gaps is one of them.
I suspect that you will lose out on that trade. I think that they will not fill your order until the gap starts to close, which may take a while, and probably there will be a bigger reversal going all the way up to your stop. A nice, quick, profit for them.
Get the idea? You won't have much of an argument to give them. I do not trade overnight because I have been around that block, myself.
Trading overnight is fine if you already have a good profit buffer from the day before. Putting an order on,
or near,the open is not a good idea. IMO-
Please explain it to me. You put a stop loss on a short sale, hoping that it gaps down to your stop and you get stopped out? Then what?