Can I set a stop loss order and a sell limit order both at the same time?

I'm unable to watch the market during most of the day and I don't want to miss out on my profit targets if they are hit.

Also if the stock goes against me I don't want to have a loss go into a bigger loss.

Can I set a stop loss order and a sell limit order both at the same time?
Update: This is for stocks
3 answers 3