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Earl,
Thank you very much for your detailed reply.
> 3) Keep in mind with stop limit orders that the priority and execution may
> vary from exchange to exchange so make sure you know what the
> parameters of
> each order type is before you use it. Normally, a stop should get you out
> ... period ... so one would use a stop limit order only when there is an
> advantage in execution.
1) How/where does one find out about the parameters/priority executions
with the various exchanges?
2) Use a stop limit usually to avoid the bad fills of stop market. In
your experience trading SPY's what was the best order type to use as a
stop loss? You did mention that you use 'smart ' as the best route for
placing orders.
Good Trading and Thanks again,
Kate
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