Gold Spot / U.S. DollarEducation
Smart Money Concept.
What is a Stop-loss – definition for a beginner?
A stop-loss order is an order placed with a broker to close a protected position when a quiet market develops according to an unfavorable situation scenario.
If there is a buy signal (long position), a stop loss will close it if the price falls below a particular level, lower than the opening price.
Stop-loss orders are designed to limit a trader’s loss.
A stop-loss order is an order placed with a broker to close a protected position when a quiet market develops according to an unfavorable situation scenario.
If there is a buy signal (long position), a stop loss will close it if the price falls below a particular level, lower than the opening price.
Stop-loss orders are designed to limit a trader’s loss.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.