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Since we have been having a lively debate on the subject, I like to ask a point
of clarification.
Is the stop loss order enacted when the bid gets to the specified price, or the
ask?
In other words, if I have a stop loss order in at $25 and the bid goes from $25
1/16 to $24 15/16 and the ask holds at $25 1/16 am I in or out of the stock?
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Dave
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