As per the title:
* I had a €10k long position in Rheinmetall with Trading 212
* My stop price was set at €692
* On 13th Feb at 9:02 am my stop loss was triggered and filled at an average price of **€691** OTC. I mention this because the public market Xetra should have been open at that time. The app only notified me of the trade around 1:30 pm
* According to every chart I can find (not just Trading 212), the lowest price for the day was **€709.9**
* I contacted Trading 212 who said their charts don't always reflect exact prices, especially during volatile periods, which I understand. However, **the fill price is significantly below the chart price**.
* Trading 212 sent me a Bloomberg Terminal screenshot showing bid/ask prices of €691 at the time of my sale.
Since the sale, the price has rocketed. Not only has my stop loss locked in a loss, I've missed out on the approximate 15% rally in the last 36 hours. I'm understandably quite salty about this. I've gone from seeing a stop loss as a risk mitigation to an actual risk in itself.
Can anyone more knowledgeable than me
* explain what happened/what I did wrong
* explain how I avoid this in future
Thanks in advance