Market dropped 98 points below my stoploss before it filled. Pls Advise.

Discussion in 'Index Futures' started by jyoke, Feb 8, 2025.

  1. p0box4

    p0box4

    Your limit might get placed at the level you requested, but it wouldn't fill since the market gapped down.
     
    #131     Feb 15, 2025
    1RoD likes this.
  2. volpri

    volpri

    Why don't you buy a VW beetle if you can afford it and drive it in the snow. There may be some old rusty beetles in a junkyard somewhere. Be sure and take some salt with you. Oh and don't forget chains from the porch swing. LOL
     
    Last edited: Feb 15, 2025
    #132     Feb 15, 2025
  3. SunTrader

    SunTrader

    I learned back in the day to drive stick (4 speed) in a VW Beetle ... in the snow. They are a blast.

    Not so much those cardboard box thingies unless it is just blowing surface snow.
     
    #133     Feb 15, 2025
  4. They weren’t half bad in the snow especially doing E-brake slides.
     
    #134     Feb 15, 2025
  5. SunTrader

    SunTrader

    Just like now, back then I lived on a beachfront peninsula (though I'm now 1200+ miles further south - 81° currently ;) no polar vortex down here), so when I wasn't sliding 'em in the snow I was sliding 'em in the sand, that blew up, at the end of the beach blocks. Brake or just throttle, granted VW's were never powerful lol just enuf. My learning grounds was Jacob Riis Park parking lot, at the time the worlds largest parking lot. Worlds largest .... empty one during the winter.

    https://en.wikipedia.org/wiki/Jacob_Riis_Park
     
    #135     Feb 15, 2025
  6. cesfx

    cesfx

    I had the pleasure to playfully drive this in snowy mountains in the 90's.
    Back traction (rwd), thin tyres and so small and lightweight that once the snow stopped the car because it touched the bottom, we picked it up, turn it around a went back the way we came from.

    Not the actual car in the picture, just the model and colour, Google image for reference. Fiat 126
     
    #136     Feb 15, 2025
    SunTrader likes this.
  7. volpri

    volpri

    In Mexico in high mountains they drive them with back engine cover open. I guess for better cooling. I always liked them.
     
    #137     Feb 15, 2025
  8. SunTrader

    SunTrader

    We lol?

    I'm not a particularly big guy 6'0" 175 lbs but hard to see anyone else fitting in it with me above 5'"6 125 lbs haha

    But I can imagine that would be another fun one.
     
    #138     Feb 15, 2025
    cesfx likes this.
  9. cesfx

    cesfx

    By "we", I meant 4 of us
     
    #139     Feb 15, 2025
  10. Were there any news events at this time?

    Unfortunately during periods of large volume such as news events and speeches (and sometimes when nothing particular is going on but there is a pump in volume) there is always a chance that order prices won't be respected

    When this happens, the order will try to fill at the best available price which can sometimes be a long way away from your stops leading to a much larger loss than expected

    Your best bet is to completely avoid trading near any news releases or FED speeches

    I hope this event doesn't knock your confidence too much, things happen!
     
    #140     Apr 5, 2025