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Jun 14, 2024 · A stop-loss order instructs that a stock be bought or sold when it reaches a specified price known as the stop price. Once the stop price is met, the stop order becomes a market order and is...
- Michael J. Kramer
- 1 min
Feb 10, 2024 · A stop loss is an order that liquidates all positions in a trade when the maximum allowed loss in that position, also known as potential losses, is reached. The stop loss level needs to be set with the market type and characteristics in mind, including stock price and bid.
Apr 10, 2024 · A stop-loss order is an order placed with a broker to buy or sell a specific stock once the stock reaches a certain price. A stop-loss is designed to limit an investor's loss on a security...
A stop loss order is an instruction to kill (end) a trade once a specific target is reached or exceeded. As the name suggests, the price a trade stops at is below the amount you paid. When you’re making a loss, the trade gets stopped. The counter to a stop loss order is a take profit order.
- 39 77 40 00
- Saxo Group
Jun 9, 2022 · Updated 9 Jun 2022. Fact Checked. Disclaimer. Stop-loss orders should be an integral part of your trading plan and play a significant role in your trading success. They help prevent large losses by automatically closing your trades when the price hits a pre-specified level.
Feb 23, 2024 · A stop-loss order is a way to protect yourself from losing too much money. It's like setting a floor under your investment, saying: "If the price drops to this point, sell it automatically to stop the loss.”
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A 'stop-loss' order – officially known as a 'stop closing order' – is an order used by traders to limit loss or lock in the remaining profit on an existing position. It's a key tool used to manage risk on a trade.