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Guaranteed Stop Loss


Guest MKJ

Question

Does a guaranteed stop loss kick in whatever happens to the market?  By this, I mean, should the market gap (change radically overnight) to more or less jump over the guaranteed stop loss will it activate anyway?  In other words does it ALWAYS work?  

Say my guaranteed stop loss was for 300 below (picture).  Would it have taken effect?  

 

Screen Shot 2019-07-28 at 12.49.27.png

Edited by MKJ
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35 minutes ago, MKJ said:

Does a guaranteed stop loss kick in whatever happens to the market?  By this, I mean, should the market gap (change radically overnight) to more or less jump over the guaranteed stop loss will it activate anyway?  In other words does it ALWAYS work?  

Say my guaranteed stop loss was for 300 below (picture).  Would it have taken effect?  

 

Screen Shot 2019-07-28 at 12.49.27.png

Hi, yes, this is what the guaranteed stop was introduced to counter (slippage risk), I've not used it myself but have not seen anyone complain that it did not work as required.

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