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Since many here trade futures....just a few pointers. If there is a big gap or abnormal price move in price, even if your stops were regular stops, it does not mean they will be honored. I have seen Stops that were turned into limits because of such moves. I believe that each stop has a "protection" limit and if this is exceeded than a limit will be in place.
For your reference:
Order Types for Futures and Options - Electronic Platform Information Console - Confluence
I am sure the same thing applies to stock and I would encourage you to investigate.
Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.
The placement of contingent orders by you or broker, or trading advisor, such as a “stop-loss” or “stop-limit” order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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