Quote:
Originally Posted by peterpal
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Depends how you set it up. A market stop loss would sell generally sell at that price minus some minor slippage. Shouldn't be a big problem unless your particular exchange/broker has low liquidity or you're trading absurdly large amounts of money.
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This. Now, if there's a complete sell off then your stop loss order is essentially worthless since no one will likely buy a stock that is totally cratering in real time. However, for most situations you shouldn't slip too far past your loss order.