For example, let's say you went long (buy) EUR/USD at To limit your maximum loss, you set a stop-loss order at This means if you were dead wrong. A stop-limit order is a conditional trade over a set time frame that combines the features of stop with those of a limit order and is used to mitigate risk. A trader who wants to buy the stock when it dropped to $ would place a buy limit order with a limit price of $ (green line). If the stock falls to $ or. JMM BTC WORLD QUORA

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Stop Loss Orders And Limit Orders Explained - When And How To Use It - Trading Basics

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