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Forex question What is a Stop Loss Order?
avatar CarlyRed
Question by: Carly - 26 Mar 2013, 05:27:13
What is a Stop Loss Order?
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Answers (1)
avatar user 893
Answer by: Stallion - 27 Mar 2013, 05:38:40

An order placed with a broker to sell a security when it reaches a certain price. A stop-loss order is designed to limit an investor's loss on a security position.

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