SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Waterhouse Securities
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Thean who wrote (247)12/19/1997 5:56:00 PM
From: margin_man   of 2076
 
Why would you want to place a stop loss order above the closing price?
I assume it's a sell order. If it is, then why not place it at a
limit price?
Your stop loss in this case won't get executed even if the stock
price continues to drop below the closing price because
it hasn't become a market order yet.

We know WH has changed their execution report for orders placed using
the Web. But one thing I don't understand why they didn't call
you when they canceled your order.

P.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News