stop limit

Conditional sell order

A stop limit is a type of stock market order combining two price thresholds: a stop price that triggers the order and a limit price that caps what you'll pay or accept.

Unlike a simple stop order that executes at whatever price is available once triggered, a stop limit only fills at your limit price or better: I set a stop limit to sell at $48 stop, $47 limit.

This provides more control but risks the order never executing if the price moves too fast.

Related

floor · trading floor · boundary · cap · halt · brake · execute · trade · day trading · price · sell · buy · market · brokerage account · restrict · control · cushion · safeguard

Opposites
order execution type

stop limitmarket order

Instant execution trade request

all or none

Family

stop, limit, stops, stopped, stopping, stopper, stoppage, unstoppable, nonstop

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Abstract · Rated G