# Stop-limit orders **URL:** \ **Category:** C2\ **Created:** [September 11, 2005, 3:24pm UTC](https://forums.collective2.com/t/stop-limit-orders/5555 "2005-09-11T15:24:16Z")\ **Posts on this page:** 2\ **Page:** 1
**Author:** ![PalAnand](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/palanand/32/2923_2.png) [@PalAnand](https://forums.collective2.com/u/PalAnand)\ **Post date:** [September 11, 2005, 3:24pm UTC](https://forums.collective2.com/t/stop-limit-orders/5555/1 "2005-09-11T15:24:16Z")
A stop-loss order will get you out of a stock if it declines past a predetermined price, and will leave your upside opportunity intact. But stop-loss orders have drawbacks: 1) You aren’t necessarily guaranteed to get out at the stop-loss price. If your stock gaps down below your stop loss on the opening or after a trading halt, you will get your execution, but at a much lower price. 2) If an institution is selling a huge block of stock, the price could decline significantly, even if only to accommodate that sell order, and then bounce right back. A stop-loss order guarantees a loss if the stock goes down to that price, however briefly. Eventhough an ideal system fully reverses its position on a reversing signal, if so inclined, one can minimize slippage using stop-limit orders for fills with both the stop and the limit at the same price, market orders for profit taking and stop-limit orders for a stop-loss. I request that stop-limit orders be feasible at C2 which currently restricts orders to either stop orders or limit orders, not both. ---
**Author:** ![BrianSchumacher](https://avatars.discourse-cdn.com/v4/letter/b/c67d28/32.png) [@BrianSchumacher](https://forums.collective2.com/u/BrianSchumacher)\ **Post date:** [September 11, 2005, 4:04pm UTC](https://forums.collective2.com/t/stop-limit-orders/5555/2 "2005-09-11T16:04:15Z")
Pal, I agree. Stop-Limit orders would be a great addition. Brian