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How do you place a stop limit order?
Stop
Limit Stop
Questioner:Amelia Patel 2023-06-05 20:17:48
The most authoritative answer in 2024
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Lily Patel——Studied at the University of Sydney, Lives in Sydney, Australia.
Sell
Stop-
Limit: Let's say a security is currently trading at $30.00. You'd like to sell the security if it reaches or goes below $29.00, but only if the security can be sold for $28.00 or more. You can place a
Stop-
Limit order by setting the
Stop Price to $29.00 and the
Limit Price to $28.00.
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