Support Board
Date/Time: Wed, 27 Nov 2024 23:44:54 +0000
Post From: buy and sell limit orders
| [2023-06-27 04:27:01] |
| User849502 - Posts: 351 |
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you know that every stop, mkt or limit, is actually a limit stop. Why? Because the cme has a rule that if the price moves by X amount it will not fill the stop beyond that. Last week in micro rty I had a bracket order with a stop mkt. I came back to find an open position and 140 pt loss. Now it was only 1 micro so 70 bucks but what if it had been 2 or 3 big ones...when I enquired John at SC and my clear Edge/Philip told me about this rule. I would guess very few know about it.
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