Stop Order Requotes?

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Shin Joo Young
960
Shin Joo Young  

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.

Basic Principles - Trading Operations - MetaTrader 5 Help
Basic Principles - Trading Operations - MetaTrader 5 Help
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Before you proceed to study the trade functions of the platform, you must have a clear understanding of the basic terms: order, deal and position...
whroeder1
17925
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.
Michael Maggi
1884
Michael Maggi  

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."

Shin Joo Young
960
Shin Joo Young  
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.

Good Answer Thank You !

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