Gaps and limit/stop orders
Oct 05, 2017 at 07:23
Przeglądane 461
4 Replies
Uczestnik z Feb 12, 2016
427 postów
Oct 05, 2017 at 14:35
Yes. Your trade will be activated because the open price AFTER the gap will already overlap your limit. Doesn't matter that the price went up/down because of a gap.
Accept the loss as experience
Uczestnik z Aug 20, 2009
266 postów
Oct 06, 2017 at 10:06
Actually, don't count on it for a limit order. Stop order, no question......along with consequent slippage.
The price you see on a chart is the Bid price, so if you have a buy limit order(pending order at below market price), you may have the bid price open up with a gap well below your target price......typically gaps are caused by poor weekend liquidity(which also causes big spreads) and there is a chance that the Ask price(which is the price your order needs for a buy) may still be above your order price.
The price you see on a chart is the Bid price, so if you have a buy limit order(pending order at below market price), you may have the bid price open up with a gap well below your target price......typically gaps are caused by poor weekend liquidity(which also causes big spreads) and there is a chance that the Ask price(which is the price your order needs for a buy) may still be above your order price.
Wealth Creation Through Technology
Uczestnik z Feb 12, 2016
522 postów
Oct 11, 2017 at 15:06
It should be on the first available market price. In some brokers MM you may see nice execution in the gap :)
*Komercyjne wykorzystanie i spam są nieprawidłowe i mogą spowodować zamknięcie konta.
Wskazówka: opublikowanie adresu URL obrazu / YouTube automatycznie wstawi go do twojego postu!
Wskazówka: wpisz znak@, aby automatycznie wypełnić nazwę użytkownika uczestniczącego w tej dyskusji.
