Skip to main content
What is Stop Loss?
Updated over a week ago

Stop Loss is a precautionary mechanism used to prevent losses in trading. It represents the maximum amount of risk that a user can tolerate when opening a position. Once the position is opened, it will be automatically closed when the current market price reaches the predetermined maximum loss level. Stop Loss is a commonly used tool to reduce and limit trading losses.

Watch our tutorial video:

Did this answer your question?