Requotes: have you seen them, and on what?
Requotes appear when the price you clicked is gone and the platform offers a new one — most often on instant-execution accounts in fast markets. The frequency tells you about the execution model.
Share:
- the broker and account type
- when requotes hit (news, opens, exotics)
- how you handle them
The order types guide explains execution models.
Background: Market, limit and stop orders: which order type to use
The order types on a trading platform decide when and at what price you enter or exit. What each one does, and the mistakes that cost traders money.
What is the difference between a buy limit and a buy stop?
A buy limit is placed below the current price to buy on a dip. A buy stop is placed above the current price to buy if the price breaks higher.
Does a stop-loss guarantee the exit price?
No. A standard stop-loss becomes a market order when triggered and can fill beyond its level in a gap or fast market. Guaranteed stops, where offered, cost extra.
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