What in the world is going on?!
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$97.30 Sell-Stop Order Filled at $96.30!
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$97.30 Sell-Stop Order Filled at $96.30!
When the crude oil market was near $98 per bbl today, I placed a sell-stop order at $97.30; however, the sell-stop was filled at $96.30!
What in the world is going on?!
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Ray:
Yes, it was a live order through Interactive Brokers (IB).
With the price of crude hovering around $98, I was
looking to sell a break below $97.30 with a stop; however,
the order was filled at $96.30, or 100 ticks lower!
I will definitely have to discuss this with IB tomorrow.
On a related issue, when you place a stop loss, does NinjaTrader
automatically place a limit on that stop loss? While reviewing my
trade summaries, I noticed that each stop loss had an associated
limit that was $0.20 from the stop loss.
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