Because the stop loss is normally the same as the opposite side stop entry order, both orders will execute given that price is hit.
It appears these orders are executed in the order they were submitted to the market, which makes sense. Because my opposite side entry is hit first, that entry actually takes me flat and the stop loss takes me back into a position (in this case long).
Do these orders execute in the order they are entered and if so, will simply cancelling the entry order once I put out a stop loss and then immediately resubmitting the entry order get the executions in the right sequence?
Is there a better way to ensure the stop executes first so I am flat when I get the entry order execution?
Thanks
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