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Agent Merina

Agent Merina

Dedicated Support Agent • Online
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Orders

Stop-Loss Order

An order set to automatically close a losing trade at a predetermined price. This is part of the mechanical toolkit traders rely on to control entries and exits with precision rather than reacting to price in real time.

Meaning

What Stop-Loss Order means

An order set to automatically close a losing trade at a predetermined price. This is part of the mechanical toolkit traders rely on to control entries and exits with precision rather than reacting to price in real time.

Trading context

Why it matters

It's a core risk-management tool that caps downside on a position. New traders benefit from internalizing this early, since it underpins much of the terminology and reasoning used throughout the rest of their trading education.

Example

How traders may see it

Placed just beyond a support/resistance level or a set pip distance. Most traders come across this while reviewing charts, monitoring news feeds, or checking their account dashboard, and being able to spot it quickly is a useful practical skill.