Stop-loss (Forex)

A client’s order to close an open position if the trade has moved against the trader’s position up to a certain price level. It is used to minimize losses. On some trading platforms, this is set on one side of the OCO order, while on some other platforms a stop order is set on an active trade or a stop price is entered during the order process (MT4).

By |2018-09-04T15:15:42+00:00September 4th, 2018|0 Comments

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