FOREX CHANNEL > Forex glossary > Stop loss orders
Japanese Stop loss orders
- Stop loss orders
A kind of orders regarding to condition. Different from a limit order, a player could buy a higher price than the current market level according to the market movement or could sell a lower price using this stop loss order. Usually this order is useful for loss-cutting.
Terms in Trading
Ask
|
Bid
|
Day order
|
Done
|
Either
|
Firm price
|
Given
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GTC
|
Hit
|
If done
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Join
|
Limit order
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Line full
|
Mine
|
My Risk
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Nothing done
|
OCO
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OFF
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Offer
|
Paid
|
Pay
|
Pips
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Point
|
Single order
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Stop loss orders
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Take the offer
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Taken
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Your Risk
|
Yours
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