10:00:28

I had a stop hit this morning at 10:00:28 the price 1438 (NQ)
but I see on my chart the price never traded at the 38 level at that time.
Dose anybody else show a price at the 38 level at that time?

Thanks, sulong

 

Highest I've got is 1437.5

Maybe you've got your stop set at bid/ask, rather than market? Ask price would probably have hit 1438.

 

I see a high on the 10:02 bar at 1438. Esignal was probably behind the market but I show it did trade there.

 

Its a stop/limit, my understanding is that the price first has to trade at the stop level and then a limit execution?

 

I have trades at 1438 going off at 10:00:25 on Esignal T&S.

 

Yes, that is my understanding of a stop/limit.

From the other posts, it looks like it probably traded to 1438 anyway.

 

Thanks guys, looks like my bad for jumping the gun for tightening
my stop too soon.

 

it traded a few times there; see my attachment.

 

If you're using a stop-limit for a protective stop, you're a very brave man.

 

I think your saying this because of the possibility of a strong move against my position and price never coming back to the limit price?
(Smart ass response to this) it ain't the dax for gawd sakes!

Real response- I agree that a stop limit is not the best for a protective stop,but I trade with targets,which are dependent on a specific price for exit, and I use bracket trader for doing this and I don't think I can use 2 different types of stops at the same time.
(stop for protection/ stop-limit for target).
I do the best I can with what I have and what I know about, luckily I keep learning about things and coming to grips with what makes sense and what doesn't.

thanks sulong