Protecting Your Capital
A stop-loss (SL) order automatically closes your position when the price reaches a predetermined level, limiting your potential losses.
Example
You buy EUR/USD at 1.1000 and set stop-loss at 1.0950:
- If price drops to 1.0950, position closes automatically
- Your loss is limited to 50 pips
- Protects you even when you're not watching the market
Best Practices
- 🛡️ Always use stop-loss on every trade
- 📊 Set SL based on technical analysis, not emotions
- 💰 Never risk more than 2% per trade
- ✅ Consider volatility when setting SL distance
Learn more about risk management in our trading platform.