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What if a given exchange will not accept a CLOSE ONLY stop loss?

April 26, 2017exchange given loss

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What if a given exchange will not accept a CLOSE ONLY stop loss?

1 Answer

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If an exchange does not accept a CLOSE ONLY order you must either wait until 3 minutes before the close of trading and act accordingly if your stop loss has been penetrated OR you must WAIT until the close of trading and act accordingly on the opening of the next day if your stop loss has been penetrated according to the KDT rules.