Can I enter a Stop Limit instruction when the market is closed? During Lunch Break? February 27, 2020 08:41 Updated Yes. A Stop Limit order can be entered during off-market hours, including market recess (12nn – 1:30PM). Related articles Can I cancel a Stop Limit order? Can I cancel a Stop Limit Order after it has been triggered? What are the risks of using Stop Limit? How do I use Stop Limit for buying? What requirements are needed to gain access to PRO?