b9_1155what is stop-limit order?
a stop that turns into a limit order when triggered.
it won't fill worse than its limit, but if price jumps past, it may not fill at all and the position stays open.
related words
- stop-market order a stop that turns into a market order when triggered.
- slippage the difference between the price you expected and the price you actually got.
- stop distance the distance, in %, from the entry price to the stop.
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