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Co-Wise: How do you set the stop loss point / profit target ?
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Stop-limit orders are sometimes used because, if the price o...

Stop-limit orders are sometimes used because, if the price of the stock or other security falls below the limit, the investor does not want to sell and is willing to wait for the price to rise back to the limit price. ... If the stock price falls below $47, then the order becomes a live sell-limit order.
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