How do I use Stop Limit for buying?

Buy on Breakout 
This strategy ensures that you can position yourself to buy a stock before it takes off.
 
To buy on breakout, set the limit price above or equal to the trigger price.
*Note: Remember to set the trigger price above the current price. If you set the trigger price below or equal to the current price, it will instantly activate your buy order.
 
Example:
 
Say you wanted to buy XYZ stock currently trading at Php 100 if it rises to Php 130 within one month. And you are willing to buy the stock up to the maximum price of Php 148. 

You may enter a buy stop limit with the following details:

Remember that once the stock hits your trigger price within you specified expiry period and posted, the order must be filled within the day.The order will expire the next day if not fulfilled.
 
Buy on Pullback 
This strategy ensures that you can position yourself to buy a stock when the price temporarily drops.
 
To buy on pullback, set the limit price below the trigger price.
*Note: Remember to set the trigger price above the current price. If you set the trigger price below or equal to the current price, it will instantly activate your buy order
 
Example:
 
Assume you wanted to buy XYZ stock currently trading at Php 100 if it rises to Php 130 within one week. But you want to buy it only if it pulls back to Php 128 or lower. 

You may enter a buy stop limit with the following details:

Remember that once the stock hits your trigger price within you specified expiry period and posted, the order must be filled within the day.The order will expire the next day if not fulfilled.