PLAIN ENGLISH
What does Stop Loss mean?
A stop loss is an instruction or trading rule to close a position around a chosen price or condition. Traders use stops to define risk before the trade rather than improvising only after the position is losing.
IN THE WILD
How people use it
Trading across most liquid markets.
EXAMPLE“The entry only makes sense if I know where the stop loss belongs.”
ALSO USED AS
SL · stop