Announcement
Collapse
No announcement yet.
Partner 728x90
Collapse
NinjaTrader
Stop Loss vs Stop Market Order
Collapse
X
-
Stop Loss vs Stop Market Order
In chart trader properties it shows "Stop Loss" and "Stop Market Order"....what is the difference?Tags: None
-
Hello StevenNelson,
Thank you for your note.
A Stop Loss is a value that determines the Stop Loss price or price that the order will exit the position. For example, if the Stop Loss value is set to 4 (ticks) and your average entry for the initiating order is 1000 and you are long, your Stop Loss would be submitted at AvgEntry - Stop Loss = 1000 - 4 ticks = stop price of 999. This assumes each tick is valued at 0.25.
A Stop Market order is executed at the best possible price obtainable at the time and not a specified value.
Please do not hesitate to contact us for any other NinjaTrader inquiries you may have.
Shawn B.NinjaTrader Customer Service
Latest Posts
Collapse
Topics | Statistics | Last Post | ||
---|---|---|---|---|
Started by Waxavi, Today, 02:10 AM
|
1 response
17 views
0 likes
|
Last Post Today, 03:03 PM | ||
Started by Kaledus, Today, 01:29 PM
|
5 responses
13 views
0 likes
|
Last Post Today, 02:56 PM | ||
Started by Waxavi, Today, 02:00 AM
|
1 response
12 views
0 likes
|
Last Post Today, 02:53 PM | ||
Started by alifarahani, Today, 09:40 AM
|
5 responses
23 views
0 likes
|
Last Post Today, 02:53 PM | ||
Is it possible to have a drawing, such as a line, cycle through different colors?
by gentlebenthebear
Started by gentlebenthebear, Today, 01:30 AM
|
3 responses
17 views
0 likes
|
Last Post Today, 02:41 PM |
Comment