Does using a stop limit order entail using two orders for the same stock?
Md Ariful Islam
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Dr. Md Rushad Rahman
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It's one order with two provisions: First the stop order specifies the price at which the execution of a trade will begin; but because a trade is not always instantly executable, the second provision ("limit order") says that the trade will be canceled before execution is completed if the market price quickly proceeds to a an unacceptable level.
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