Quote from MiamiHurricanes:
I need to confirm, but isn't it the case that all stops/limits stay resident with IB's systems. Once tripped, they get sent out. That to me is insane, because it should result in significant slippage every time...
Quote from ddunbar:
But they're done on a fill or kill basis. So what it results in is not just slippage but the occasional failure to execute.
So one has to compensate by using Stop Limits for entry and exit.
BTW, That's good news, Golf.