Limit order, Spread and tight Stop Loss

Created at 21 Aug 2022, 16:58
Subscribe
How’s your experience with the cTrader Platform?
Your feedback is crucial to cTrader's development. Please take a few seconds to share your opinion and help us improve your trading experience. Thanks!
BU

bulu.bulu27

Follow

Joined 27.05.2022

Limit order, Spread and tight Stop Loss
21 Aug 2022, 16:58

Hello,

 

Is there a built-in way to make sure an order isn't filled if the spread widens beyond the SL?

Current behaviour is to remove the SL altogether when the order is filled, which creates a position with no SL.

Obvious workaround is to monitor every trade and manually close them if need be, but that seems redundant with a server-side Stop Loss.

 

Thank you

 

@bulu.bulu27
Replies

PanagiotisCharalampous
22 Aug 2022, 08:48

Hi there,

No there is't. It's not possible to know the exact price for the stop loss unless the order is filled. Hence this behavior.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

 

@PanagiotisCharalampous
Copyright © 2024 Spotware Systems Ltd. All rights reserved.
cTrader Ltd offers through its group of companies the cTrader platform. The information on this website is for general informational purposes only and does not constitute financial or investment advice. cTrader does not solicit retail investors. Reliance on this information is at your own risk.