>short stock on biggest retail exchange in my country>start shorting at 222>set stop loss at 224>price goes up to 222.9>stop loss triggered>lose total of 2.4% due to retarded fees>contact support why stop loss was triggered at 222.9>they reply "because in practice stop loss is your stop loss - swap, and for this trade swap was 0.00"I don't get it, am I retarded?
>>61027032imagine trading on a cex :D
On retail platforms, stop loss orders don’t trigger at the chart price you see (mid/last price), but on the ask or bid side, depending on your position.If you’re short, your stop loss is a buy order. Buy orders are executed at the ask price, not the bid/last.So: even though the chart shows 222.9 (maybe last trade or bid), the ask could have been at 224 or above. That triggered the stop.
>>61027032A frogposter and his money...
>>61027266Thanks anon, i feel a little smarter now. Knowledge is half the battle
>>61027266Ok I see. I've never shorted stonks before. Thanks for explaining it to a retard anon. Basically very shitty liquidity at that moment ended up rekting my 20$?
>>61027283No bully retards
