Does this behavior occur in live trading, or just paper trading? Per IB own docs (and every other broker I've ever used) a stop-limit "is an instruction to buy or sell limit order when the stop trigger price is attained or penetrated." The thought that this wouldn't trigger and become marooned if it jumps below is confusing to me, because there shouldn't be any condition in which that would occur if I'm understanding this issue correctly?
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If you're using LIMIT stops, that's how they behave. If the market suddenly leaps over or below your stop, it's marooned. Try using a TRAIL and monitor it closely.
On Thu, Jun 23, 2022 at 10:09 AM Jenzi <
jzip@...> wrote:
Just from yesterday and today.
