u/SeeAssStudent

Been going back and forth on this and figured I’d ask for some advice. The core tradeoff as I see it: a stop order guarantees you’re out but you eat whatever price you get, while a stop-limit protects your price but risks not filling at all.

I’ve always used regular stops and just accepted getting stopped out at a worse price when the market gaps down before open. Days like today make that sting though as my strategy leans on tight stops for better RR.

Curious what you all actually do in practice. Stop-limit with a wide-ish limit buffer? Just size down and eat the stop risk?