Is this stop behavior normal?

[zdreg]

Limit orders are not guaranteed executions.

That remind me of comments on Yahoo Finance in the old days. People would comment they could lost only five points because they have a gtc stop limit order. e,g bought at 40 stop35 limit 35. gtc, The next day the stock opens at 20. These people thought they knew what they doing and were bragging on Yahoo Finance. Some of them were bragging they sold at 35.

 

[Overnight]

That remind me of comments on Yahoo Finance in the old days...

Good ole Yahoo! finance boards. I never frequented them much, but I do recall them being a shitshow. Perhaps like r/WSB today?

 

[SPX Options Trader]

Good ole Yahoo! finance boards
I never frequented them much, but I do recall them being a shitshow. Perhaps like r/WSB today

Nothing good ever arises from groups.
All throughout history in its various forms...when people, groups, get together...it becomes a brainwashing, sheep, cult, drunk party of vanity, ego, power, greed, lust, control, ignorance, destruction,

Understanding, observing, people, groups, sociology, psychology, history, philosophy and nature... can have profound effects in one's trading.
Normal behavior...that's a laughable concept. What is normal, established by whom.

As far back as I can remember, since Kindergarten,...I've always hated other students/people, or have had a cynical, dark, pessimistic, sarcastic view of them.

 

[Overnight]

...
As far back as I can remember, since Kindergarten,...I've always hated other students/people, or have had a cynical, dark, pessimistic, sarcastic view of them.

Most people adjust as they grow, and get out of that state of adolescent insecurity.

Please do not become a psycho as a result of your younger traumas.

Kthanxbye.

 

[SPX Options Trader]

Please do not become a psycho

I'm not a psycho.
I just tend to see through people and situations, the Human condition, the general ugliness that exists in their private souls and thoughts.
All of this is rampant and evident across various social media channels.

I'm rather pure, and simple, and gentle like a child or puppy. And I wish more people, society, humanity were too.
Modern culture has turned people into demon souls, eyes. Many have seemed to lost their way.

 

[Overnight]

...
Modern culture has turned people into demon souls, eyes.

I don't believe in what you typed above for one moment. There may be room for that, but that is the not the core of someone like you. I can smell it. You just need to learn how to layer the experiences of the past with the experiences of the present and future.

Kindergarten Cop soundtrack with Disney-like tunes, are you serious?

 

[qlai]

It says in description that Last method looks at the current Bid/Ask. Also, it’s good to check the sale conditions of the trade that you think should have triggered the order, as it’s possible for trade to be not eligible to set Last but IB may show it on chart.

• Last must be within the bid/ask (i.e. >=bid and <= ask) or within leeway percentage outside the bid/ask (i.e. >=bid-0.5% of last and <=ask+0.5% of last). This 0.5% amount of leeway is subject to change at any time without notice.

https://www.interactivebrokers.com/...nfiguretws/modify_the_stop_trigger_method.htm

 

[HobbyTrading]

Is this stop behavior normal or am I right in thinking its now how its supposed to behave?

The stop is SUPPOSED to trigger once the 'last' traded price goes above your designated price correct?

Lately it seems with IB that my stops are only getting triggered when the BID if I'm short or ASK if I'm long go past my stop price.

As you can see in the image the previous candle wicked above my stop price but my stop didn't trigger because the BID didn't go above it. Only to trigger a few min later once the BID broke the stop level.

I've seen on a regular occurrence where the Last traded price is above my stop, but the bid/ask is straddling my stop order.

Am I an idiot and missing something or is this not how a stop is supposed to behave?

View attachment 267507

It won't answer your question, but rest assured that it is not specific to you. I also had multiple cases in the past where I saw prices go through my stop level but the closing order was not activated. Observing the chart live I noticed that the stop order only got triggered once the price stayed above the stop level for a certain amount of time, not if it dipped above it and immediately fell again. These observations were when I was manually trading ES futures on a 1 minute and 5 minutes chart. Nowadays I don't do manual trading anymore, so my observations are not recent.

 

[El_Cubano]

It says in description that Last method looks at the current Bid/Ask. Also, it’s good to check the sale conditions of the trade that you think should have triggered the order, as it’s possible for trade to be not eligible to set Last but IB may show it on chart.

• Last must be within the bid/ask (i.e. >=bid and <= ask) or within leeway percentage outside the bid/ask (i.e. >=bid-0.5% of last and <=ask+0.5% of last). This 0.5% amount of leeway is subject to change at any time without notice.

https://www.interactivebrokers.com/...nfiguretws/modify_the_stop_trigger_method.htm

How is it even possible For the Last not to be "within" (and they also mean equal to) the bid/ask if the stock traded there? You can see on the chart it go up to and above the stop price. I'm not even sure what this description is really trying to say.

 

[Overnight]

How is it even possible For the Last not to be "within" (and they also mean equal to) the bid/ask if the stock traded there? You can see on the chart it go up to and above the stop price. I'm not even sure what this description is really trying to say.

That's IBKR for ya'. Enjoy your futures hell.