Stop Limit On Quote Sell

The stop limit order then becomes a limit order to sell at the limit price or better. You also set a limit of 190 and select gtc good til canceled. You could place a stop limit order to sell the shares if your forecast was wrong.
stop limit on quote sell stop limit on quote sell order

You set a stop limit order to buy 100 shares of msft at 189 the blue line on the chart.

Stop limit on quote sell. Hence the benefit of a stop limit on quote order is that the stock isnt sold below the investors limit price but instead is sold only after a recovery has been made to the desired sell price. If you set the stop price at 90 and the limit price as 9050 the order will be activated if the stock trades at. A stop limit order true to the name is a combination of stop orders where shares are bought or sold only after they reach a certain price and limit orders where traders have a maximum price. Stop limit sell order example.

This means that you wont have to watch the market action. If msft trades at 189 or above your broker will buy you 100 shares up to a price of 190. In our example with a stop limit order you could reduce the downward range by indicating you only want to.