Stop Order
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Tags: Trading
Categories: Forex
An order to buy or sell when a given price is reached or passed to liquidate part or all of an existing position.
Stop Order (Wikipedia)
An order is an instruction to buy or sell on a trading venue such as a stock market, bond market, commodity market, financial derivative market or cryptocurrency exchange. These instructions can be simple or complicated, and can be sent to either a broker or directly to a trading venue via direct market access. There are some standard instructions for such orders.
