1. [ANNOUNCEMENT] Hello Guest, Buying Target|BestBuy|Ebay|Google|GoBank|Itunes|Apple|Walmart| good rate CLICK HERE!

Stop Loss.

Discussion in 'General Forex Discussion' started by Robert Dudash, Sep 13, 2019 at 6:35 PM.

  1. Robert Dudash

    Robert Dudash ECZ Member

    Joined:
    Nov 28, 2017
    Posts:
    466
    Likes Received:
    0
    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.