Sell Stop-Limit
| ||
This is a version of the Sell Stop. This order says, “Don’t sell the shares unless they trade at 60 or less, but I won’t accept less than 58.” | ||
Additional Comments:
99.9% of the time these orders work fine, but occasionally a stock will “gap” from (i.e.) 60.10 to 57.70 because of some very bad news. If this happened the order would have been triggered because the stock was below 60, but would not have been filled because the shares would also be below 58.
|
Related Terms: | ||
Stop Order A stop order is an order to buy or sell a stock once the price of ... Limit Order An order to buy a stock at or below a specified price or to sell a ... Sell Stop Trade at the then best price, but ONLY IF a predetermined price level is met or ... |
« View the Stock Market Dictionary »
Latest Financial Advice
- Index Fund vs Mutual Fund
- Roth IRA Tax Guidelines
- Impact of News on Trader’s Psychology and Market Trends
- Overconfidence Bias in Stock Trading: A Critical Analysis
- Mastering Mindfulness Practices for Traders
- Impact of Market Volatility on Individual Psychology
- Leveraging Intuition in Stock Trading: A New Approach
Free Investment Advice
Get free stock market tips and investing advice by subscribing to our newsletter: |
* Your information will not be shared or sold. |
Recommended Reading
Categories
- Trading Basics
- Investing 101
- Investing Essentials
- Understanding the Risks
- Beginning to Trade
- Trading Strategies
- Trading Psychology
- Retirement Investing
- Personal Finance
- Advanced Trading
- Penny Stocks
- FOREX Trading
- Commodity Futures
- Stock Tips
- Going Public
- Real Estate
- Research Tools
- Stock Spam
- Reviews
- Stock Market Dictionary