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Browse the categories below to find what you need.
What is a market order?
What is a pending order?
What is the difference between market and pending orders?
What is a limit order?
What is a stop order?
What is a stop-loss order?
What is a take-profit order?
What is a trailing stop and how does it work?
How do stop-loss and take-profit orders work?
Can I modify or cancel an order after placing it?
How do I place a trade on MT4 or MT5?
How do I close a trade on MT4 or MT5?
Can I close a trade manually?
How do I modify an open position?
What happens when I close a trade?
Can I partially close a trade on MT4 or MT5?
Why was my trade closed automatically?
What is leverage in trading?
What is a stop-loss order?
A stop-loss order is a tool that automatically closes your trade if the market moves against you, helping to limit potential losses and manage risk.
You set a specific price level, and if the market reaches it, the trade is closed automatically.
Stop-loss orders are an essential part of risk management and are commonly used on both market and pending orders.
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