Comment on Stop Loss orders - Limit/Market

Sukesh commented on 22 Dec 2014, 01:24 AM

Hi Nithin,

Will a stop loss – Market order always get executed within the set trigger price?

Example: I am long on 100 lots of X contract. I place a sell stop loss – market order for it @ Rs:99.

Suppose the contract starts trading at or below 99 my stop loss get executed and the sale of my contracts starts
HOWEVER
suppose after selling about 25 lots out of the 100 lots i have (75 lots yet to be sold), the price comes back above Rs:100

What will happen in this case? Will all my contracts get sold even if the price is above my stop loss trigger price (Rs:99)?

OR

Will the sale of my contracts get stopped once the price come above the trigger price?

Thanks
Sukesh

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