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No matter what exit strategy you use, nothing can prevent your position from being subject to a gap down. If you had set your contingent smart stop loss order with your broker than that order will be executed at the best available price at that time. That price could be lower than the SmartStop trigger. The good news is that SmartStops helps ensure you are out of a hard-falling stock, as typically Gaps are indicative of further downward behavior.

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Next When I use SmartStops proactive and actually set a stop, sometimes the price of the stock sometimes bounces after I’ve sold. Why?
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