# Stop-Limit Order

*Trading & Technical Analysis — Finicade finance glossary*

A stop-limit order triggers at the stop price and then works as a limit order rather than a market order. It protects you from a terrible fill and introduces the opposite risk: in a fast fall, price can gap straight through your limit and leave you holding a position you meant to exit. The choice between stop-loss and stop-limit is a choice about which failure you prefer.

**Also known as:** stop limit, stop-loss limit order

**Related terms:** [Stop-Loss Order](https://finicade.com/glossary/stop-loss-order), [Limit Order](https://finicade.com/glossary/limit-order), [Price Gap](https://finicade.com/glossary/price-gap), [Trailing Stop](https://finicade.com/glossary/trailing-stop), [Slippage](https://finicade.com/glossary/slippage)

Source: https://finicade.com/glossary/stop-limit-order