Comment on Stop Loss orders - Limit/Market

TheStockaddict commented on 23 Jan 2014, 07:47 PM

HI:)
Suppose I bought a stock at 100.

1. I want to place a SELL order at 103.

If the stock quickly moves up quickly above 103,

a. What are the chances that a LIMIT SELL order at 103 will not be executed?
(Since i heard LIMIT orders are in a queue and are first come first serve)

b. What are the chances that a SL SELL order will not be executed with trigger at 103.05 and LIMIT price at 103?
(Since this is only a 5 paisa difference and can still be skipped)

c. Is it safer to put a SL SELL order with 103 trigger price and 102 LIMIT sell price?

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