A stop limit order is an order to buy (or sell) a security once the price of the security has climbed to a specified trigger price (
bid or ask). When the specified
stop price is reached, the stop limit order is entered as a
limit order. This means the trade may or may not get filled (as is true with all limit orders).
This article is a
stub. Please edit the article to improve it and add additional details.
There are not currently any links in the article.