How The STOP LOOS function ?

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  #1  
Old 19th May 2006, 03:06 PM
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LEYAKATH is on a distinguished road
Smile How The STOP LOOS function ?



Dear friends
Recently i use the stop loos function , i fix the price 42Rs and trigger is 45Rs while the stock price was 43.50Rs . after i fix the prices my stock is traded for 43.50Rs . Now i have question why the stock traded before reach the prices witch i fix ?

Note: The part of trading sreen view attached ( by jpg format)

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Last edited by LEYAKATH : 19th May 2006 at 03:18 PM.
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Old 19th May 2006, 04:44 PM
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Default Re: How The STOP LOOS function ?

Quote:
Originally Posted by LEYAKATH
Dear friends
Recently i use the stop loos function , i fix the price 42Rs and trigger is 45Rs while the stock price was 43.50Rs . after i fix the prices my stock is traded for 43.50Rs . Now i have question why the stock traded before reach the prices witch i fix ?

Note: The part of trading sreen view attached ( by jpg format)

When you fixed the stop loss @ 42, your trigger price should have been 42.10 or 42.25 or something. A trigger price of 45 was way tooo big. Stop loss orders work like this - your scrip will be sold off anywhere between your trigger price and the stop loss price set. So you cannot blame anyone but urself for this. Trigger price like an alarm before the explosion, so always be sure to set it very close to your stop loss order, orwise you'l set off the explosion way too early.

Jai Shewaramani

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  #3  
Old 19th May 2006, 06:51 PM
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LEYAKATH is on a distinguished road
Thumbs up Re: How The STOP LOOS function ?

Thanks Mr Jai

I am almost new in this stock field. almost i understand your explaination please if you explain with sample about stop loos in sell/buy i will be very thankful.

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