Orders
Rate Of ReturnThat is to say, Longbridge's stop-loss and take-profit orders are not tied to positions. Normally, stop-loss and take-profit orders would automatically expire when positions are closed, but Longbridge keeps them for you. Keeping them is not a problem because you can see them in the ongoing orders, so you won't miss them. However, if your stop-loss and take-profit orders are attached when you place the order, then the problem arises. The attached orders will be displayed in the executed orders, and with so many executed orders, I wouldn't even bother to check.
Ridiculous
Got totally wrecked. Everyone must remember to check your executed orders to see if there are any unclosed take-profit or stop-loss orders.
Today I bought with an attached stop-loss order, and it triggered within minutes. I was confused until I realized it was an old stop-loss order from a position that had already been closed. But Longbridge didn't show it in the ongoing orders under executed orders - absolutely ridiculous.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
