Stop-Limit Orders on Pluang Web Trading Platform Explained

A stop-limit order on Pluang's web trading platform is a two-part conditional order that only activates when the price reaches a trigger level (the "stop price"), and then places a limit order at a price you specify (the "limit price") — giving you control over the maximum price you pay or minimum price you accept. It combines the activation logic of a stop order with the price control of a limit order. Stop-limit orders are not available for Indonesian stocks.

• Two prices, one order. A stop-limit order has two components: the stop price (the trigger that activates the order) and the limit price (the worst price at which the order will execute). For example, if you want to buy an asset only if momentum confirms above 50,000, you might set a stop price of 50,000 and a limit price of 50,200 — the order activates at 50,000 and will only fill at 50,200 or lower.
• Difference from a stop-market order. A stop-market order triggers at the stop price and is then sent to execute at whatever the market offers, which can result in slippage in fast markets — neither the execution price nor execution itself is guaranteed. A stop-limit order gives you price certainty but carries the risk that the order may not fill if the price moves through your limit before execution.
• Common uses on Pluang's web platform. Stop-limit orders are used for two main purposes: (1) protecting an open position by placing a stop-limit below your entry to limit downside, and (2) entering a position on a breakout confirmation — placing a buy stop-limit above current price to enter only if price moves up decisively.
• Setting a stop-limit on Pluang's web platform. When placing an order, select the "Stop-Limit" order type, then enter both your stop price and your limit price separately. The platform will display a clear confirmation of both values before the order is submitted. This order type is not available for Indonesian stocks, which support Market and Limit orders only on web.
• Key risk: the order may not fill. If the price gaps through your limit price without touching it (for example, in a fast-moving market), the order will not execute. This is the trade-off versus a stop-market order, which has no limit price but still guarantees neither execution nor price.

Related questions:

Q: What is the difference between a stop-limit and a stop-loss on Pluang?
A stop-loss is a general concept — a stop-limit order is one way to implement it on Pluang's web platform, giving you price control; a stop-market order is another, prioritising a fill over price control, though neither execution nor price is guaranteed.

Q: Can I use a stop-limit order to enter a breakout trade on Pluang's web platform?
Yes — placing a buy stop-limit order above current price lets you enter a trade automatically if the asset breaks out upward, without needing to monitor the chart manually.

Q: What happens if my stop-limit order is not filled on Pluang?
The order remains open until it fills, expires, or you cancel it — if the price moves past your limit price without filling, you will need to reassess and re-enter manually.