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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: The Osprey who wrote (2202)	1/14/1999 7:50:00 AM
From: dave brown	Respond to of 62348

When your stop loss kicks in, it becomes a market order. If you happen to sell at the stop loss price thats great but balance of partial fills will be sold at market price. If the stock is dropping your balance will be sold at the next offer. Likewise, if the stock briefly dips to activate your stop loss then runs higher, the remaining stock will be sold at a higher price. Stop loss can work against you on thinly traded stocks with large gaps between the bid and ask (junior mining). I only use stop loss on more active stocks with stacked bids (blue chip) I didn't read all the posts on this subject, so if I am repeating someone accepted my apologies.