Navigation

Stop Order

An order sent to a broker which becomes a market order when the market reaches the specific price stated. In volatile (or fast) markets, slippage may occur.

Stop orders are normally used to take the trader out of a trade in the event the market goes against his/her position.

Back to Forexpedia Main Page

"You must pay the price if you wish to secure the blessings."
Andrew Jackson
Clicky Web Analytics