How is stop loss ?

#1
Dear friends I asked several time about the stop loose option but no reply.

in my trading software there is stop loose option and trigger box and sale price box . i fix the sale price 42 Rs and in trigger 45 Rs while the stock was 43.5 Rs. after i fix the price immediately my stock traded !!. ok now question is why my stock is traded before the sale price or trigger price reach ??
if any expert explain me in simple way i will be very thankful.

[email protected]
 
#2
LEYAKATH said:
Dear friends I asked several time about the stop loose option but no reply.

in my trading software there is stop loose option and trigger box and sale price box . i fix the sale price 42 Rs and in trigger 45 Rs while the stock was 43.5 Rs. after i fix the price immediately my stock traded !!. ok now question is why my stock is traded before the sale price or trigger price reach ??
if any expert explain me in simple way i will be very thankful.

[email protected]
hi Leyakath,

Which trading software do you use??

As far as i can understand your problem, there are some software or most of them who do not allow you to keep a STOP LOSS as well as TRIGGER PRICE at the same time..since you gave it both at the same time, it ignored both of them and sold your shares at the market price.

This is wht i think happened!!!!Others members can correct me if i am wrong.

Regards
Mohammed Bin Haid