EncyclopediaStop-limit order
In one line: A stop that turns into a limit order instead of a market order.
Two prices: the stop (trigger) and the limit (worst price you accept). Once triggered, it only fills at the limit or better.
The SECThe US stock market regulator. notes the trade-off. You control the price. But if the market jumps past your limit, the order may not fill at all, and you stay in the trade.
Related
Sources & studies
- Investor.gov (SEC): Stop-limit order
- Investor.gov (SEC): Investor Bulletin – stop, stop-limit and trailing stop orders
Last checked: 2026-11-04 · Educational, not financial advice.
Education only, not financial advice. No signals. Backtests are hypothetical: real trading can be worse. Past results don't predict future results.