Hi,
If Iām in an open position and the market closes whilst I had stop loss on and whilst the market is closed, it hits that stop lossā¦ when the market is open again does it automatically close even if the share price comes back down to where Iād be in profitā¦ still whilst market is closed.
Hard to explain what I mean.
Cheers
Iāll try make it easier.
I have a position, for example I bought in at $2 and had a little profitā¦ then the market closedā¦ If during market close it hits $2.5 which is my stop lossā¦ does that mean when the market opens tomorrow, Iāll be automatically out? Even it falls back below $2 in the pre market?
Cheers
I would take it off personally as market can open above your SL or far below
Iāve taken it off now, Even if the market is closed does it still work?
Yeah it will indeed as itās just your indicator your moving