Stop-Limit Order

A stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order.

Stop-Limit Order

A stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order.

 


Application of Stop-Limit Order

Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The benefit of a stop-limit order is that the investor can control the price at which the order can be executed.


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