NDO 2.92% 88.0¢ nido education limited

ndo and my stop loss - pls help, page-7

  1. 9,543 Posts.
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    Actually, I think I think I might have misread Etrade. This is what Etrade says:

    "All Conditional Orders triggered and accepted by us for selling a Security, will be placed into the market at 3 price steps lower than the last sale price at the time the Conditional Order Triggered, unless you have specified a minimum limit price above that figure."

    https://invest.etrade.com.au/Help/RHSContext.aspx?popup=true&key=Conditional+Orders#Price%20and%20Volume%20Order

    So if you don't specify a limit, the order will be set at 3 price steps below the trigger price. So if your trigger price was 19c, and 19c is hit, your order will be sent at a limit price of 17.5c (3 price steps below 19c). If there are sufficient buyers, your order might get taken out at 19c, if not then 18.5c, and so on.
 
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88.0¢
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1 3908 88.0¢
 

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Price($) Vol. No.
90.0¢ 18330 1
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