Re[2]: Profit Taking --- Round 2 --- Other Alternatives

[NS <nmsmith@xxxxxxxxx>]

If you enter an order like that what stops you from being stopped
out about 1 second after you get filled?
Doesn't your stop become a market order as soon as you are filled?

NS


SC> Right!  e.g.  Buy 1 NQ 1608.50 stop 1608.50 limit.
SC> Works best only with online systems where the order is sent to rest on CME 
SC> servers, not held on broker's local servers (where the chance of not being 
SC> filled increases due to time lag in execution e.g. Interactive Brokers).
SC> S.