Stop-limit order

A stop-limit order becomes a limit order, not a market order, at its trigger. It refuses a bad fill in a gap, and that is also its danger: the price can run through your limit and leave you unfilled while the loss grows. How a thin book gaps; order types on Mochatrade.

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In the help centreSee the order types available on Mochatrade
  • Market orderA market order buys or sells immediately at the best price available. It always fills, but at the ask if you buy and…
  • Limit orderA limit order buys or sells only at your price or better. You control the price, the market decides whether you trade…
  • SlippageSlippage is the gap between the price you expected and the price you got. It comes from the spread, from a thin book…
  • Trailing stop orderA trailing stop moves the stop trigger behind the price by a fixed amount or percent as a trade goes your way, and…
  • Gap up and gap downA gap is a price opening far from where it last traded, with nothing in between. US stocks gap at 7:00 PM IST because…
  • Max slippageMax slippage is the setting that caps how far from the quoted price a market order may fill; beyond it the order is…

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.

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