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View Poll Results: Do it?
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Multiple Choice Poll. Voters: 34. You may not vote on this poll

 
 
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  #10  
Old 01-11-2021, 04:01 PM
cd288 cd288 is offline
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Join Date: Apr 2018
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Quote:
Originally Posted by peterpal [You must be logged in to view images. Log in or Register.]
Depends how you set it up. A market stop loss would sell generally sell at that price minus some minor slippage. Shouldn't be a big problem unless your particular exchange/broker has low liquidity or you're trading absurdly large amounts of money.
This. Now, if there's a complete sell off then your stop loss order is essentially worthless since no one will likely buy a stock that is totally cratering in real time. However, for most situations you shouldn't slip too far past your loss order.
 


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