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Stop Loss.

Discussion in 'General Forex Discussion' started by Robert Dudash, Sep 13, 2019.

  1. Robert Dudash

    Robert Dudash ECZ Member

    Nov 28, 2017
    Likes Received:
    A stop-loss is an order placed in your trading terminal to sell a security when it reaches a specific price. The primary goal of a stop loss is to mitigate an investor’s loss on a position in a security Equity, FX, etc.. It is commonly used with a long position but can be applied and is equally profitable for a short position. It comes very handy when you are not able to watch the position. Stop-losses in Forex is very important for many reasons.