Hi guys
Very new at this so please bear with me. I was trying this weekend to set up some buy/stop orders for 12 stocks. I set these buy/stop positions where I considered there could be a breakout or at least have moved through resistance, obviously given what I just said the buy/stop prices were above those in Trading 212 at the time.
E.g. The stop for Amazon was at 195.05
This morning I only got a trigger for VUAG which is UK so after the US market opened I thought I’d check the stocks,. Amazon had blown past my buy/stop and had reached 210.24, the order actually did fill but at 210.39 at 14:30.
Much worse, my buy/stop for Microsoft was 440.75 the market blew through that up to 451.04 and it didn’t activate BUT, it DID activate on the way back down causing significant (luckily test account) losses. (yes I had a stop loss but I shouldn’t have need it as I would have got a ping on activation, and looked at the progress, or so I thought)
What am I misunderstanding here please guys?