Chapter 04 · Section 4.1
Stop-limit Orders
Which of the following statements is correct?
b) A stop-limit order becomes a limit order if the trigger price is touched.
Yes. A stop-limit order works like a stop order, except that it becomes a limit order, not a market order, when the trigger price is touched.Continue
a) A stop-limit order becomes a market order if the trigger price is touched.
(Click here for help)