wikipedia
English
Noun
stop loss order

1. finance A conditional order placed with a stockbroker (or similar) to close one's position if the market moves against it to a given price level. For example if shares are trading around $4.40 then a stop loss order might be to sell if it falls to $4.20. When short the opposite applies, the order being to buy back if the market rises to a given point.

Related terms
buy stop order

• 2007-04-01 12:11 - Laurent Bouvier -

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