A Stop Limit is an invaluable tool for any trader.
It can help you avoid risks and seize opportunities without having to closely monitor the market. A Stop Limit is an instruction to post a buy/sell order once the stock hits a specified price target (trigger price). Waiting time to hit the price target can be set to one day, one week, or one month. Once posted, your buy/sell order will only be filled at your specified limit price or better. Also, the buy/sell order must be filled before the end of the trading day or else the order will expire. Stop limit is only available in FirstMetroSec PRO.
Stop limit is only available in FirstMetroSec PRO.