How it works:
You set a stop price (trigger).
You also set a limit price.
When the stop price is reached, the order becomes a limit order, not a market order.
Key difference from stop order:
Price control is maintained
But execution is not guaranteed
Example:
You set:
Stop price: $45
Limit price: $44.75
If the stock falls to $45, your limit order activates at $44.75.
If the stock drops quickly below $44.75, the order may not execute.