Currency

Stop-loss

A stop order is a common tool utilized by clients in the finance world to limit potential losses. This type of order instructs the broker to close an open position once the price reaches a predetermined level. This proactive approach is beneficial for investors as it helps minimize potential losses. So, always remember to use stop orders when making strategic financial moves.

Related terms

Sterling

Understand the meaning and definition of Sterling in the context of stock market, trading, and investments.

MORE
Currency Risk

Understand the meaning and definition of Currency Risk in the context of stock market, trading, and investments.

MORE
European Terms

Understand the meaning and definition of European Terms in the context of stock market, trading, and investments.

MORE
Dealer

Understand the meaning and definition of Dealer in the context of stock market, trading, and investments.

MORE
Take Profit order

Understand the meaning and definition of Take Profit order in the context of stock market, trading, and investments.

MORE
Crown Currencies

Understand the meaning and definition of Crown Currencies in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers