Apologies if this has been answered before or if I am just not getting it!
So over the last couple days I've set specific orders before the market opens.
Yesterday I set a buy order for RACE, 10 mins before the market opened as follows BUY Price Level 16450, Stop 400 Points Away, Limit 800 points. But once the market opened, it bought in at 17181, lucky I was able to get out at 17261.
Can someone tell me what went wrong here? This is the second time in 3 days this has happened. If I wanted to buy in at market price I would just wait until the market opene