Comment on Stop Loss orders - Limit/Market

Nithin Kamath commented on 28 Nov 2013, 07:37 AM

Vijay,

When you place a SL limit, there is no guarantee of execution because the order that is getting placed is still a limit order. Only if this limit order is filled completely are you guaranteed execution.

I’d suggest that if you are trading a liquid stock/contract always use SL-M as mentioned in the blog above. You have a guaranteed execution as soon as the trigger is hit.

Cheers,

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