Stop Order Requotes?
Neither. There is no slippage value with stop orders. When price reaches the pending order price, it becomes a market order and is filled at any available price. #2 applies to limit orders.
Requotes are something completely different.
If you get a price for a trade entry or exit on the terminal and then the broker comes back with a "requote" they are changing the price of one or the other. If you get this you need a different broker--one that says they "never requote."
whroeder1:
Neither. There is no slippage value with stop orders. When price reaches the pending order price, it becomes a market order and is filled at any available price. #2 applies to limit orders.
Neither. There is no slippage value with stop orders. When price reaches the pending order price, it becomes a market order and is filled at any available price. #2 applies to limit orders.
Good Answer Thank You !
If I have opened buy stop 1 lot,
If there was tick jumping more than Slippage,
1. the stop order deletes and buy order not opens.
2. the stop order not deletes and buy order opening try again.
What will happen to my account? 1 or 2 ?
Links about this question are welcome too.