Stop-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. Once the stop price is reached, the stop-limit order becomes a limit order to buy or to sell at a specified price.

Stop-Limit Order
What It Is:
A stop-limit order combines the features of a stop order and a limit order.

Stop-Limit Order
An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will be executed at a specified price (or better) after a given stop price has been reached.

Stop-Limit Order
Similar to a stop order, the stop-limit order becomes a limit order, rather than a market order, when the security trades at the price specified on the stop. See also Stop Order.

stop-limit order - a variation on the stop order; a stop-limit order will be executed only at the limit price, not higher or lower than the limit price.

Stop-limit order
A stop order that designates a price limit. In contrast to the stop order, which becomes a market order if the stop is reached, the stop-limit order becomes a limit order if the stop is reached.
Stop order (or stop) ...

Stop-Limit order: A particular type of Stop with Limit order (see below) in which the specified price & limit price are identical. It functions like a price order. Eg, "Buy 3 Mar S&P 500s at 780-stop limit." ...

Stop-Limit Order - A variation of a stop order in which a trade must be executed at the exact price or better. If the order cannot be executed, it is held until the stated price or better is reached again.

Stop-limit order - An order placed with a stockbroker to buy or sell at a certain price or better during a limited period of time.

Stop-limit order
A stop order that designates a price limit. Unlike the stop order, which becomes a market order once the stop is reached, the stop-limit order becomes a limit order.

Stop-limit Order: An order to a securities broker to buy or sell at a specified price or better but only after a given stop price has been reached or passed. A stop-limit order is a combination stop order and limit order.

Stop-limit order (Futures)
In Futures trading, a stop-limit order is a variation of a stop order, with a lower/higher limit price to suspend trading if the price falls/rises too far before the order is filled.

-Stop-Limit Order — order to sell or buy a lot for a certain price or worse.

Stop-limit order
A type of contingency order placed with a broker that becomes a limit order when the stock trades, or is bid or offered, at or through a specific price.
Straddle ...

A stop-limit order will be executed at a specified price (or better) after a given stop price has been reached. Once the stop price is reached by the market, the stop-limit order becomes a limit order to buy (or sell) at the limit price or better.

Bar Breakout entry: Retro-Trader positions are opened by stop-limit order placed 1 tic outside the current bar as soon as it's completed.

The placing of certain contingent orders such as stop-loss or stop-limit orders which are intended to limit loss of an outstanding futures position to certain amounts may not be effective because market conditions may make it impossible to execute ...

Specifically, it is an order, such as a stop order, a stop-limit order, or an all-or-none order, that is to be executed only if the condition or conditions that the order specifies are met.

Stop-Limit Order - this is an order used to buy or sell stocks that combines the features of a limit order as well as a stop order.

The benefit of a stop-limit order is that the investor can control the price at which the trade will get executed. But, as with all limit orders, a stop-limit order may never get filled if the stock's price never reaches the specified limit price.

Question: When should I use a stop-limit order?
Answer: I never use a stop limit on anything. It's too easy for the stock to go right through your price, not get filled, and trigger a deeper loss. When you want out, you want out.

This does not mean the order will remain in queue indefinitely. The majority of brokerage firms will only allow an order to stay active for 30-90 days. The GTC order type can be tagged on limit, stops, and stop-limit orders.

for each he formerly owned.) stockbroker: A broker who buys and sells stocks and other securities for his customers, charging commission stockholder: A holder or owner of shares of stock; also referred to as shareholder stop-limit order: ...

Stop-Limit Order An order given to buy or sell a stock if it reaches or goes below a certain price.
Stop-Loss Order An order given to buy or sell a stock if it reaches or goes below a certain price.

Stop-Limit Order Like a stop order, this order will be triggered by a move up or down to a particular price level. Once that level is reached, the order becomes a limit order, which must be executed at a specific price.

See also: Market, Limit Order, Limit, Stock, Short