Stop order
An instruction that activates once the price reaches a set level.
When the metric lies
It offers no protection against a gap: if trading opens below the level, the trigger happens at the new price.
Also known as: stop order, stop loss
An instruction that activates once the price reaches a set level.
It offers no protection against a gap: if trading opens below the level, the trigger happens at the new price.
Also known as: stop order, stop loss