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Stop Loss

Stop Loss

A Stop Loss is an order which allows a trader to close a position when their chosen instrument reaches a certain price. Stop Loss parameters can be set before or after the opening of a position. A stop loss allows the trader to avoid excess losses by automatically closing a position. The obligatory condition of setting up a stop loss is that the financial instrument’s price should not be lower than the current market price when selling and not higher when buying.

Stop Loss

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