Why Stop Limits

Discussion in 'Trading' started by J.Joseph, Aug 9, 2011.

  1. So this morning when I woke up to check on my positions, I tried to log into my broker account and for some reason the website was down. I had a small panic. But not to worry, they have broker assisted trading. I picked up the phone to call. Busy tone.
    Five minutes later, same thing. Dow is now up 200. Luckily a stop kicked me out (supposedly, I'll check when I can) and I captured a small win. Half of what it was supposed to be (my charts are working just fine) but, thankfully, no real harm done.