Are you using stc for closing a long trade? If so, should exit with market order.
Are you using stc for closing a long trade? If so, should exit with market order.
A market order is an order to buy or sell at the price being offered in the market. If the price is $10/$11 the market order will buy everything from $11 and up until the quota has been filled, vice versa for selling.
That is unlike a limit order that will only buy or sell at a specific price.
In Collective2 you exit with a market order by choosing BTO, STC etc, and picking "Market" in the trade entry window.