Yup so what you want to do in a Stop Limit order is enter a Stop
Price i.e. .18 and Limit Price something lower i.e. .16 but as
Steve pointed out if it gaps down and never sees a minimum bid of
.16 you may not be stopped out which is the risk with a Stop Limit
vs. just a Stop.
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Yup so what you want
Fidelity Trading Account Puzzle - Why would a sale of ...
Posted by deep on 20th of Jun 2019 at 12:27 pm
Yup so what you want to do in a Stop Limit order is enter a Stop Price i.e. .18 and Limit Price something lower i.e. .16 but as Steve pointed out if it gaps down and never sees a minimum bid of .16 you may not be stopped out which is the risk with a Stop Limit vs. just a Stop.