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Exactly. I had to post these questions because order execution is not much of an issue with forex trading. For instance, I buy 2500 units of EUR/USD @ 1.10474. Instead of placing a stop loss / stop limit order, I just place a sell limit order of 5000 units @ 1.09863. If the price ever touches...

Just bear with me as I am going to slightly reword my original question. I put a buy limit order of 100 for a stock at 1070.35. Please assume that this trade gets triggered. Instead of putting a stop loss / stop limit order, I just put a sell limit order of 200 at the price 1062.50. The idea...

Yes. I should have been clearer in my first post. I meant stop limit order. Now I know that putting a stop limit order can turn out to be disastrous if the price opens gap down the next day (as per the example cited in my first post). Thanks once again for the clarification.

Yes, it was a mistake on my part. I meant stop limit order.

Thanks for the info @ Simples

Hi all. Suppose I buy a stock at 1070.35. I have placed the stop loss for this trade at 1062.50. The next day, I see that the opening price of the stock is 1059.25. My question is - does the stop loss get triggered automatically the next day, since the open price is 1059.25 and this open...