Stop Loss
A Stop Loss (SL) is a standing order to close a position at a predefined adverse price, capping the worst-case loss. Critical for any automated strategy — EA crashes happen, brokers go down, your SL is the last line of defense.
A Stop Loss (SL) is a standing order to close a position at a predefined adverse price, capping the worst-case loss. Critical for any automated strategy — EA crashes happen, brokers go down, your SL is the last line of defense.