Stop-Limit Order

Stop-Limit Order

In a stop-limit order, once a stop-loss (cf.) is reached, the order becomes a limit order. A limit order is an order to buy or sell with a limit on the maximum price for a buy order and a minimum price for a sell order i.e. execution will be only at the limit price or better. However, if the broker is unable to buy or sell at the limits, the order may not be executed.

logo-animationlogo-animationlogo-animation

Related terms