Can your broker Fxxk u in stop loss order?

[tropicalknight]

I lost $2000 once on a nonexecuted hard stop on ES futures at IB once.

The price went to my stop, IBKR did not execute. The price violently went threw it and I had to close it manually an hour later. I was not in front of the screen at the time.

 

[TraderSU]

Quote from tropicalknight:

I lost $2000 once on a nonexecuted hard stop on ES futures at IB once.

The price went to my stop, IBKR did not execute. The price violently went threw it and I had to close it manually an hour later. I was not in front of the screen at the time.

IB has so many flags that controls your order flow and by default they won't kick your stop outside RTH (regular trading hours). But buy default they'll execute your buy..

I had similar issue in DEMO account during my initial days.

Did you play with their DEMO a/c for at-least a week before going live? If not, blame yourself first.

 

[PocketChange]

Stop Limit orders...

Quote from ScoobyStoo:

This is completely incorrect. Stop orders resting at an exchange do not function in this way.

All stop orders will be executed on the first touch of their stop price. Your position in the queue simply affects your execution priority and modifying your stop order to place it at the back of the queue will only mean that you suffer greater slippage.

 

[Aitch Eff Tee]

Quote from PocketChange:

Stop Limit orders...

It doesn't matter. Scooby is right. What you wrote about a stop order's position in the queue dictating whether it gets triggered or not is utter horseshit.