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Yes, it is possible to set a stop loss and limit sell simultaneously. This strategy is known as an OCO (One Cancels the Other) order, where if one order is executed, the other is automatically canceled.

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4mo ago

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How can I set up a stop loss on Robinhood?

To set up a stop loss on Robinhood, first select the stock you want to set the stop loss for. Then, click on the "Trade" button and choose "Sell." Next, select "Stop Loss" as the order type and enter the stop price at which you want the stock to be sold automatically to limit your losses. Finally, review and confirm the order to set up the stop loss on Robinhood.


Is it possible to sell a stock before it settles?

Yes, it is possible to sell a stock before it settles.


How do I set a stop limit sell order?

To set a stop limit sell order, you first choose the stock you want to sell and set a stop price, which triggers the order. Then, you set a limit price, which is the minimum price you are willing to accept for the sale. Once both prices are set, the order will be placed with your broker.


How do I set a sell limit order for a stock trade?

To set a sell limit order for a stock trade, you need to specify the stock you want to sell, set the price at which you want to sell it, and choose the duration for the order. This order will only be executed if the stock reaches or exceeds the price you set.


What is the difference between a stop loss and a stop limit order on Fidelity, and how can they help me manage risk in my investments?

A stop loss order on Fidelity is triggered when a stock reaches a certain price, at which point it is sold at the best available price. A stop limit order, on the other hand, is triggered at a specific price but will only sell at a set limit price or better. Both orders can help manage risk by automatically selling a stock if it drops to a certain level, preventing further losses.

Related Questions

What is the purpose of a stop loss order in the world of finance?

A stop loss order is a financial term. It is an instruction to a stockbroker to sell a stock if the price falls below a certain level. It is designed to limit losses.


How do you sell a condo in a down market?

Cheaply and as quickly as possible. The goal isn't to make money; it is to stop your loss.


What does limit mean when buying stock?

It's actually "limit order." It is a direction to a stockbroker to buy or sell at a specific price, or better. If it is a buy limit order, the broker will buy for you if the stock is at the limit order price or lower, and if it is a sell limit order, the broker will sell for you if the stock is at the limit order price or higher. A buy limit order is similar to a long call, and a sell limit order is similar to a long put.


You short-sell 200 shares of Tuckerton Trading Co now selling for 50 per share What is your maximum possible loss?

10000


What is the difference between a stop and a stop-limit order?

The stop limit order combines the characteristics of a stop order and a limit order. A basic stop order will buy/sell your security at the market price once your stop has been reached or passed. A stop limit order will buy/sell the security at a specified price once the stop has been reached or passed. If you use a stop limit, and your limit is too high/low your order may not get filled which will negate the purpose of putting the stop on in the first place. I tend to stick with stop orders if I am trying to protect a loss on a security.


How can I set up a stop loss on Robinhood?

To set up a stop loss on Robinhood, first select the stock you want to set the stop loss for. Then, click on the "Trade" button and choose "Sell." Next, select "Stop Loss" as the order type and enter the stop price at which you want the stock to be sold automatically to limit your losses. Finally, review and confirm the order to set up the stop loss on Robinhood.


Is it possible to sell a stock before it settles?

Yes, it is possible to sell a stock before it settles.


How many used motorcycles and or cars can you sell in pa without a license?

Sell them on Ebay, cap. Then there is no limit.


How do I set a stop limit sell order?

To set a stop limit sell order, you first choose the stock you want to sell and set a stop price, which triggers the order. Then, you set a limit price, which is the minimum price you are willing to accept for the sale. Once both prices are set, the order will be placed with your broker.


How do I set a sell limit order for a stock trade?

To set a sell limit order for a stock trade, you need to specify the stock you want to sell, set the price at which you want to sell it, and choose the duration for the order. This order will only be executed if the stock reaches or exceeds the price you set.


What is the difference between a stop loss and a stop limit order on Fidelity, and how can they help me manage risk in my investments?

A stop loss order on Fidelity is triggered when a stock reaches a certain price, at which point it is sold at the best available price. A stop limit order, on the other hand, is triggered at a specific price but will only sell at a set limit price or better. Both orders can help manage risk by automatically selling a stock if it drops to a certain level, preventing further losses.


Can you simultaneously sell and buy the same stock in two different brokerage accounts to avoid wash sale rule?

No.