Tags Money Management

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Business>Finance

How to place a stop limit order?

Nannie Turcotte ∙

Lvl 10

∙ 2mo ago

Updated: 2/16/2025

To place a stop limit order, first choose the stock you want to trade and set the stop price at which you want the order to be triggered. Then, set the limit price at which you want the order to be executed. Finally, submit the order through your brokerage account.

AnswerBot

∙ 2mo ago

Still curious? Ask our experts.

Chat with our AI personalities

Steve

Knowledge is a journey, you know? We'll get there.

Chat with Steve

Jordan

Looking for a career mentor? I've seen my fair share of shake-ups.

Chat with Jordan

Coach

Success isn't just about winning—it's about vision, patience, and playing the long game.

Chat with Coach

Add your answer:

Earn +20 pts

Q: How to place a stop limit order?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Finance

How do you set up a stop limit order?

To set up a stop limit order, you first choose a stop price at which your order will be triggered. Then, you set a limit price at which you want the order to be executed. When the stop price is reached, the order becomes a limit order and will only be executed at or better than the limit price you set.

What is the difference between a stop order and a stop limit order on the thinkorswim platform?

A stop order becomes a market order when the stock reaches a certain price, while a stop limit order becomes a limit order when the stock hits a specified price.

What is the difference between a trailing stop limit and a trailing stop?

A trailing stop limit is a type of order that combines a trailing stop with a limit order, allowing investors to set a limit on the price at which the order will be triggered. A trailing stop, on the other hand, is a type of order that adjusts the stop price as the market price moves in a favorable direction, helping to lock in profits.

What is the difference between a stop loss and a stop limit order in trading?

A stop loss order is a type of order that automatically sells a stock when it reaches a certain price to limit losses. A stop limit order is similar, but it only sells the stock at a specific price or better after reaching the stop price.

How do I set a stop limit sell order?

To set a stop limit sell order, you first choose the stock you want to sell and set a stop price, which triggers the order. Then, you set a limit price, which is the minimum price you are willing to accept for the sale. Once both prices are set, the order will be placed with your broker.

Trending Questions

How can I protect myself from Craigslist car scams and utilize eBay buyer protection? Is it legal for a parent to take their child's paycheck? How much is 5 crore indian rupees worth in dollars? How can you transfer your SBI Account CIF No? With a Credit score of 530 and a foreclosure 2 years old and a Bankruptcy discharged 6 years ago Can you buy a house? Is money market funds cash equivalent? What is 22.7 degrees Celsius converted to Fahrenheit? Decision making is the primary task of the manager- Comment? What is business performance? Should the food dim sum be capitalized? What are the advantages of an AA credit card? When is Consent Fee levied on Bond trades? Which card starts with the number 3? Once a debt is given to a collection agency can you get the creditor to take it out of the creditor's hands? Does induction lighting save much of money? Have you claimed any deductions in prior tax years that were related to expenses incurred months ago? What are the benefits of partial real estate investment compared to full ownership? What is the net present value of a stock valued at Rs. 54880 after 3 years? How do you make payments to ServiceMaster Acceptance Company? What is Differences between cost indifference point and break even point?

Related Questions

What is the difference between a stop and a stop-limit order?

The stop limit order combines the characteristics of a stop order and a limit order. A basic stop order will buy/sell your security at the market price once your stop has been reached or passed. A stop limit order will buy/sell the security at a specified price once the stop has been reached or passed. If you use a stop limit, and your limit is too high/low your order may not get filled which will negate the purpose of putting the stop on in the first place. I tend to stick with stop orders if I am trying to protect a loss on a security.

How do you set up a stop limit order?

To set up a stop limit order, you first choose a stop price at which your order will be triggered. Then, you set a limit price at which you want the order to be executed. When the stop price is reached, the order becomes a limit order and will only be executed at or better than the limit price you set.

What is the difference between a stop order and a stop limit order on the thinkorswim platform?

A stop order becomes a market order when the stock reaches a certain price, while a stop limit order becomes a limit order when the stock hits a specified price.

What is the difference between a trailing stop limit and a trailing stop?

A trailing stop limit is a type of order that combines a trailing stop with a limit order, allowing investors to set a limit on the price at which the order will be triggered. A trailing stop, on the other hand, is a type of order that adjusts the stop price as the market price moves in a favorable direction, helping to lock in profits.

What is the difference between a stop loss and a stop limit order in trading?

A stop loss order is a type of order that automatically sells a stock when it reaches a certain price to limit losses. A stop limit order is similar, but it only sells the stock at a specific price or better after reaching the stop price.

How do I set a stop limit sell order?

To set a stop limit sell order, you first choose the stock you want to sell and set a stop price, which triggers the order. Then, you set a limit price, which is the minimum price you are willing to accept for the sale. Once both prices are set, the order will be placed with your broker.

How can I use a stop-limit order to sell short a stock at a specific price point?

To use a stop-limit order to sell short a stock at a specific price point, you would set a stop price at which the order becomes active and a limit price at which the order will be executed. If the stock price falls to the stop price, the order will be triggered, and it will only be executed at or above the limit price you set. This allows you to sell short the stock at a specific price point.

What is the difference between a limit order and a stop order in trading?

A limit order is a request to buy or sell a stock at a specific price or better, while a stop order is a request to buy or sell a stock once it reaches a certain price.

What are the differences between a trailing stop limit and a trailing stop loss, and how do they impact the management of investment positions?

A trailing stop limit is a type of order that combines a trailing stop with a limit order. It allows investors to set a limit on the maximum loss they are willing to incur while also trailing the price of an asset. On the other hand, a trailing stop loss is a type of order that automatically adjusts the stop price based on the movement of the asset's price. The main difference between the two is that a trailing stop limit sets a limit on the maximum loss, while a trailing stop loss does not have a limit. Trailing stop limits can help investors manage their risk by ensuring they do not incur more losses than they are comfortable with. However, they may also result in missed opportunities if the price moves quickly. Trailing stop losses, on the other hand, can help investors lock in profits and limit losses without setting a specific limit. Overall, both trailing stop limit and trailing stop loss orders can impact the management of investment positions by helping investors protect their gains and limit their losses. It is important for investors to carefully consider their risk tolerance and investment goals when deciding which type of order to use.

What is the definition of pending order?

A pending order is a type of order that was not yet completed or accomplished. The most common pending order types are buy limit, sell stop and buy stop.

Is it possible to set a stop loss and limit sell simultaneously?

Yes, it is possible to set a stop loss and limit sell simultaneously. This strategy is known as an OCO (One Cancels the Other) order, where if one order is executed, the other is automatically canceled.

Can you explain how a stop order works in trading?

A stop order is a type of trade order that is set at a specific price point. When the market reaches that price point, the stop order is triggered and the trade is executed. This is used to limit losses or lock in profits for investors.

Still have questions?

imp

Resources

Top Categories

Product

Company

Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.