HomeRisk ManagementStop-Loss Orders: Types & Execution
Stop-Loss Orders: Types & ExecutionLevel: Beginner

Terminology

Stop Loss Order — is an order at a worse price point than the current market price.

Market order — it gets filled at whatever the current bid or ask is.

Fixed stop loss — placed at a fixed price point different (and worse) than your entry price. Fixed stop loss is entered manually. It doesn’t move after you’ve placed it.

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