Au.Tra.Sy blog – Automated Trading System

Systematic Trading research and development, with a flavour of Trend Following

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Entries Tagged as 'lock-limit'

How to get out of a locked-limit situation

January 26th, 2010 · No Comments · Futures

Locked-limit panicked trader?
photo: artemuestra@flickr

Every prudent trader will ensure they minimise their risk by placing stop-loss orders where they should get out of the market. This is one of trading basic truths:
Cut your losses short.
However there is one case where the Futures market will not let you exit at any price: when the market is locked-limit.

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