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Stop loss is used only with open positions

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Stop loss is used only with open positions Empty Stop loss is used only with open positions

Post  Admin on Thu Mar 16, 2017 7:31 am

Stop loss is a widely used order aiming mainly at limiting the possible losses in case of negative market movements. Stop loss is used only with open positions. When the market conditions are not favorable for a trader and the price has reached the level of Stop loss, the deal is closed automatically.

Therefore, Stop loss helps the trader to control losses and in case of failures to keep safe at least the part of the deposit.

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Stop loss
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