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Whenever the security TRADES at or thru the stop.
Al Taglavore
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> From: Dave Zawicki <JohnZGalt@xxxxxxxxxxxxxxxx>
> To: metastock-list@xxxxxxxxx
> Subject: Stop loss order question.
> Date: Thursday, February 05, 1998 5:59 AM
>
> 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?
>
> ----
> Dave
>
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