Stop-Loss Order
TradingA stop-loss order lets you set a price at which you want to sell an asset if it starts to lose value. If the price drops to that level, the order automatically sells your asset to help limit your losses.
- Definition
- A stop-loss order lets you set a price at which you want to sell an asset if it starts to lose value. If the price drops to that level, the order automatically sells your asset to help limit your losses.
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