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20 Mar 2023, 05:22
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17 Mar 2023, 01:26
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Replies
robertt
17 Mar 2023, 09:31
RE:
Current Bid Price meaning the Current MARKET bid price? Because that's what I mean by the next best bid price.
The BUY order was triggered by the ASK price and in applying the SL, if the next best bid price (that is immediately available from the market, that is what you are calling the CURRENT bid price right?) is below the SL, then the SL will be ignored and not applied?
Thanks.
PanagiotisChar said:
Hi rob.email8,
The stop loss will be triggered and the order will be closed. The SL is ignored only when the current bid price is below the SL.
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@robertt
robertt
20 Mar 2023, 10:19 ( Updated at: 20 Mar 2023, 10:20 )
Hi,
Understood. Because in reality it was my real trade with another broker and they justified my "losses" by saying that the system prioritized the order opening first before cutting my stop loss. So both my orders slipped but my BUY STOP order executed and opened at e.g. 129 (and closed at the relative TP) while the SL closed at 129.3 (next best available price) even though it was triggered first. So I wanted to know if ctrader was the same.
Logically you would think it would close at 129 first then open the order at 129.3 and then close at the relative TP.
@robertt