That's a question you have to ask YOUR specific broker you have an account with, as procedures vary from firm to firm.

Hi easy to answer question for savvy investors!

I am trying to place an order on a stock that I know will be moving a lot.

Here is a generic example of stock XYZ trading at 10.25$. I would like to place a limit of 10.25$ as I have a temporary bearish sentiment but I would also like to have a stop market order at 10.50$ as I believe the stock will go up in the long run.

Is there a way for this to be done on the same order or do I need to place two different orders running the chance of buying twice the stock amount if on the same trading day it hits both targets?

Thanks!