When stop loss doesn't trigger and price improves:)

Look at time & sales, not charts.

 

Thanks, d08. I think I need a particular subscription on IB to get a previous day's time and sales - I just tried. (I don't need it enough to subscribe.)

I think you likely hit nail on head about it in post #10 on this thread. It makes sense and sounds like good feature to somewhat reduce chance of silliness in markets.

You =

 

Thanks to both of you -- I've seen the same several times and have also wondered about these lucky escapes.

 

Why do you have to be rude? That's not a stupid question my man..

 

The Sell Stop, triggered, became a Limit order, but didn't get filled as didn't get filled ie the Ask didn't drop enough, what your seeing below is a sell.

 

I meant, my question might be stupid, not the OP's original question! Check the 'but' right after.

 

Yes, I've realized that.. My mistake.

 

This.

And waiting for two instead of triggering on just one will prevent a lot of false stops from bad data points. So it's a good thing. I have seen my positions on occasion dip momentarily past my stop and not trigger unless it holds for a couple of ticks.

I don't fuss with it. I put my stop where I think I should put it in the first place and if it triggers, it is doing what it is supposed to do. If it doesn't trigger, it is not doing what it is not supposed to do. The only time I move it is when price is a couple of candles above break even, and then I sometimes move it up to break even.