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Abc financial employee Currency pairs Find out more about the major currency pairs and what impacts price movements. Stop orders can be used to protect profits. Stop Order Definition A stop order is an order type that is triggered when the price of a security reaches the stop price level. What Does Above the Market Mean? For a long position that has become very profitable, you may move your stop-sell order from the loss to the profit zone to safeguard against the chance of realizing a loss in case your trade does not reach your specified profit objective, and the market turns against your trade.
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What is a stop loss in trading - Forex Training Courses - Plan B Trading

Traders customarily place stop-loss orders when they initiate trades. Initially, stop-loss orders are used to put a limit on potential losses from the trade. A limit order allows an investor to set the minimum or maximum price at which they would like to buy or sell, while a stop order allows an investor to specify. A stop loss is an order type used in forex trading designed to limit losses from a trade. It is also known as a 'stop order' or 'stop-market.