Stop loss orders..where is yours?

[DeskTroll]

Just thought I would bring this up with so many traders changing brokers etc.. I know a few traders who have no idea where their stop orders reside. Very important to know whether they reside on your trading platform, your broker's servers or at the exchange. If they sit on your platform or at your broker then you are subject to great risk in case of internet / power failure. Call your broker and ask or better yet call your trading desk after you have a position open and ask them if they can see your resting stop order... just to be sure.

[NinjaTrader_Matthew]

Thanks for the tip! Definitely good information to understand when working with new technologies.

In general, these orders should be located based on their order state and the corresponding documentation below:

Click here for information on where orders reside

More information on Order States and their definitions can be found in our Help Guide:

Order State Definition