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Sell Stop limit order
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Sell Stop limit order

  #11 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
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sam028 View Post
I agree with Mike and Fat Tails, it's not a good idea to use stop-limit order.
This order is initiated because you were wrong, so if you (think) you are wrong, you have to close the position as ASAP, dot.

But you can use them to enter a trade on a breakout pullback.

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