- In simple words the stop loss order is used to minimize the losses in share market.
- A stop loss is an order placed to buy or sell a stock once the price of a stock moves above or below a specified price by a trader.
- Stop loss order is great method to save trader from heavy losses.
- The stop-loss order is placed with trigger price.
- The trigger price is the price, if touched, the order gets activated.
- For more detail on stop loss refer practical example given by sir in class.
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