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#1 (permalink)
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Guesser
Reading UK
Trading Experience: None
Platform: Custom
Broker/Data: Interactive Brokers
Favorite Futures: My 3 boys
Posts: 1,632 since Oct 2016
Thanks: 2,268 given,
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How is my stop triggered?
I am asking this because I am still on demo and I am not sure how my stop gets stored or triggered server side on a live account.
Instrument: ES
Price is currently offered at 74.00 and I buy.
Stop is 2 ticks away at 73.50.
Price ticks down to 73.75 bid.
Buyers break the bid and 73.75 goes offer.
Price ticks down to 73.50 bid.
On the demo, my position will be closed immediately as 73.50 goes bid.
On a live account though, what happens? I am in a long position so therefore am a seller. How is a stop executed?
Grantx
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