price execution

[Guest floren211]

are there traders that dont get their stop orders filled at the right price they so wish and are filled at the worst price and how they combat it??

[trade247]

yeh - I mean ... a stop is a market order which means that you can get filled at a worse price. Say the markets 100 and you have your stop at 90. If over the weekend there is bad news out and the market opens at 80, there was no way to sell at 90 is there, so your market order is triggered basically saying "get me out at the best market price" which is then 80.

to get a guaranteed exit at your level you'll need to use a guaranteed stop.

[Guest floren211]

umm what of for entries instead i would like more info on that ????