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Stop Less?

Discussion in 'Education, Tutorials & Courses' started by FXStreet_Team, Dec 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    There was a major decision made by the major stock exchanges without much fanfare or even consultation. If you aren’t aware yet, on February 26, 2016, the New York Stock Exchange, NASDAQ and B.A.T.S. exchanges will no longer allow stop market or Good Til Cancelled orders. This means that you will not be allowed to place protective stops on your stock positions when trading. Why would the exchanges do something like this? Stop orders are used primarily by retail investors as a method to protect

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