stop-loss order

stop-loss order

/stɒp lɒs ˈɔːrdər/

🎯 Trading Strategies & Orders

an order to sell a security automatically when it reaches a specified price, limiting downside loss

He set a stop-loss order 8% below his entry price to protect against a major decline.

Origin: Stop (Old Norse stappa to stop) + loss + order from Latin ordo row, arrangement