Can Stoploss stop weekend-gap?

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If i place a trade and a stoploss with it on Friday, what will happen on monday if the weekend gap goes over my stoploss?
 

SL and TP are stop orders. That means that once price crosses them, they effectively become market orders and filled at the best available price.

Example:

Your SL is 10 pips below Friday Close

Market gaps down 20 pips at Monday Open.

You will be closed out at -20 pips.

 
When a stop is triggered it becomes a market order and will be filled at current available price. Except if you have a broker that guarantees stops (they are rare, cost more, but they do exist.)
 
honest_knave:

SL and TP are stop orders. That means that once price crosses them, they effectively become market orders and filled at the best available price.

Example:

Your SL is 10 pips below Friday Close

Market gaps down 20 pips at Monday Open.

You will be closed out at -20 pips.

so my order will be close at market open-price on monday?
 
whroeder1:
When a stop is triggered it becomes a market order and will be filled at current available price. Except if you have a broker that guarantees stops (they are rare, cost more, but they do exist.)
what is guaranteed stops and can ecn broker have this?
 
Kwok Fung Chan:
so my order will be close at market open-price on monday?
Yes
 
honest_knave:
Yes
okay i am clear now thanks
 
Kwok Fung Chan:
okay i am clear now thanks
I'm glad we helped.
 
Kwok Fung Chan:
what is guaranteed stops and can ecn broker have this?
No way, could only be provided by market makers.
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