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What is STOP LOSS? And why is it important for traders?

stockdaddy

posted on 3 years ago — updated on 1 second ago

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Stop loss in trading is a very powerful tool that is available for traders to limit their losses.

stock market

Stop loss in trading is a very powerful tool that is available for traders to limit their losses. It is an advance order that helps traders to sell their shares if the share price reaches a specific price. Thus, it helps in automating the sales process in various market scenarios.

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