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Definition
A limit order in which a trade is closed when a specified price is reached causing a loss. Used to limit amount of losses in trades.
Stop-Loss Order
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Related Terms
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An entry order is one that is used to enter a trade at a specified price level. If the currency pair never...
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Currency intervention occurs when one central bank or more buys (or sells) a currency in the foreign...
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A type of stop loss order that moves relative to price fluctuations. In example, setting a 50-pip trailing...
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If you’re looking for additional reading to supplement your forex trading education, you’ve come to the...
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An order sent to a broker which becomes a market order when the market reaches the specific price stated....
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