Stop order
Updated 2026-09-20
Definition
An order that activates only when price reaches a specified level: buy stop above price, sell stop below.
Why it matters
It's used to enter on a breakout or, as a stop loss, to exit at a loss. Once triggered it becomes a market order.
Practical example
Resistance at 1.1050: a buy stop at 1.1052 enters only if price breaks it.
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Educational content, not financial advice. Trading involves risk.