Stealth Mode

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Tags: Trading
Categories: Forex

A feature in some forex expert advisor programs that is designed to hide a trader’s take profit and stop loss from the broker. By hiding the take profit/stop loss, a broker is unable to see where the traders have placed their take-profit and stop-loss orders, and therefore the broker cannot move the bid/ask in an attempt to execute orders for their own benefit instead of for the benefit of the trader.

Stealth Mode (Wikipedia)

In business, stealth mode is a company's temporary state of secretiveness, usually undertaken to avoid alerting competitors to a pending product launch or another business initiative.

When an entire company is in stealth mode it may attempt to mislead the public about its true company goals. For example, it may give code names to its pending products. It may operate a corporate website that does not disclose its personnel or location. New companies may operate under a temporary "stealth name" that does not disclose its field of business. To enforce stealthy behavior, companies often require employees to sign non-disclosure agreements, and strictly control who may speak with the media.

At the in-company level, a stealth mode can also refer to a new project or idea that is kept secret, not just from external parties, but also from internal stakeholders in order to avoid a (premature) dismissal of the idea. Key behaviors can include soliciting informal project sponsors, engaging in covert testing of the concept, freeing up extra resources and building a "cover story" for the project.

A stealth product is a product that a company develops in secret, while a stealth company is a new company that avoids initial disclosure as to its existence, purpose, products, personnel, funding, brand name, or other important attributes. The term stealth innovation has been applied to individual projects and ideas that are developed in secret inside a company.

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