The Importance of Stop Loss Orders and How to Use Them

A stop-loss order is a pending order that tells a broker to stop a loss-making trade at a pre-determined level. The goal of a stop-loss order is to limit the amount of loss that a you can lose in a trade. For example, if a company’s stock is trading at $30 and you believe it […]

The post The Importance of Stop Loss Orders and How to Use Them appeared first on Day Trade The World™.

You May Also Like