[DcifrThs]

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it is guaranteed, the price you pay is initely look around a number of different spreadbet providers and try and get some free cash as well. a larger spread. if you have stock X at $1.67 and stop loss at $1.50. if bad news overnight and it opens at $.40 you sold it at $1.50.


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huh? if i hold something at X with a stop loss of L*X, and the market opens at O where O<L*X, doesn't the order just get filled at the first possible moment below L*X?

meaning that if the market collapsed quickly (ie. in a big jump like in 1987), you aren't "guaranteed" to get L*X as you ask b/c nobody would bid it.

am i wrong? if so, please explain how the guarantee works. is there a buyer who will always bid at L*X? if so, is there a cost to this type of "insurance"?

thanks,
Barron