Stop entry. How?

[NinjaTrader_RJ]

I understand that globex has stop limit native orders. So really one has to give room a few ticks to the stops for them to be filled properly in fast market conditions. Otherwise market can get away fast from the stop price without filling the stop order. Is this correct?.

If I use "stop market" orders, then my orders will not be at the GLOBEX exchange, but on my broker server. Is this correct?

Hello,

Thank you for your post.

Your stop-limit not getting filled is always a possibility. The risk of this goes down as you increase the distance of your limit from the stop.

You will have to contact your broker regarding if these are held on their servers or at the exchange.

[jcook]

I understand that globex has stop limit native orders. So really one has to give room a few ticks to the stops for them to be filled properly in fast market conditions. Otherwise market can get away fast from the stop price without filling the stop order. Is this correct?.

If I use "stop market" orders, then my orders will not be at the GLOBEX exchange, but on my broker server. Is this correct?