Wick

Stop & stop-limit orders

Market Basics

Automated exits

A stop order becomes a market order when price touches your trigger. Think of it as your automatic ejector seat. A stop-limit adds a price floor but can fail to fill in a crash.

Check yourself

The danger of a stop-LIMIT in a fast crash?

  1. It fills too fast
  2. Price can blow through your limit and never fill correct
  3. It costs extra

If price gaps past your limit, you're still holding. Plain stops guarantee exit, not price.

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