Cryptocurrency Q&A What is the stop-loss rule?

What is the stop-loss rule?

Andrea Andrea Tue Dec 03 2024 | 6 answers 1405
I'm trying to understand the concept of stop-loss rule. Could someone explain what it is and how it works in simple terms? I'm particularly interested in its application in financial investments to minimize losses. What is the stop-loss rule?

6 answers

HanbokElegance HanbokElegance Wed Dec 04 2024
A market order is executed at the best available price in the market at that moment.

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Nicola Nicola Wed Dec 04 2024
A stop-loss order is a financial instruction used in trading.

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AltcoinAdventurer AltcoinAdventurer Wed Dec 04 2024
Stop-loss orders are a popular tool among traders. They help to limit losses and lock in profits on existing positions.

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SakuraFestival SakuraFestival Wed Dec 04 2024
It tells the broker to buy or sell a stock when it reaches a specific price, known as the stop price.

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KimonoElegantGlitter KimonoElegantGlitter Wed Dec 04 2024
When the stock reaches this stop price, the stop order is activated.

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