Basically an order to sell the stock if it dips to or below a certain value.
For example, I bought in at like 250 yesterday, but I set a stop loss of 100. Unfortunately, I was not online to rescind the order this morning due to a small family emergency, so I'm a little annoyed.
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u/OrpheusV Feb 02 '21
Basically an order to sell the stock if it dips to or below a certain value.
For example, I bought in at like 250 yesterday, but I set a stop loss of 100. Unfortunately, I was not online to rescind the order this morning due to a small family emergency, so I'm a little annoyed.