View Full Version : $97.30 Sell-Stop Order Filled at $96.30!
davidfw1866
11-07-2007, 04:32 PM
When the crude oil market was near $98 per bbl today, I placed a sell-stop order at $97.30; however, the sell-stop was filled at $96.30!
What in the world is going on?!:mad:
http://www.image-upload.net/files/4335/0001/DinnySuxNiggerDix.jpg
NinjaTrader_Ray
11-07-2007, 04:43 PM
Looks like slippage? I take it this is a live order? If yes, then this is a question for your broker.
davidfw1866
11-07-2007, 08:56 PM
Ray:
Yes, it was a live order through Interactive Brokers (IB).
With the price of crude hovering around $98, I was
looking to sell a break below $97.30 with a stop; however,
the order was filled at $96.30, or 100 ticks lower!
I will definitely have to discuss this with IB tomorrow.
On a related issue, when you place a stop loss, does NinjaTrader
automatically place a limit on that stop loss? While reviewing my
trade summaries, I noticed that each stop loss had an associated
limit that was $0.20 from the stop loss.
NinjaTrader_Ray
11-08-2007, 06:43 AM
For Globex exchanges this is correct. This is because there was time where globex only supported stop limit orders natively, stop markets were held on IB servers.