#StopLossStrategies The stop loss order is one of the types of execution and aims to limit your losses by closing the trade once it reaches its predetermined price. The stop loss order you have set will remain in effect until it is canceled or your position is liquidated.

If the price of the instrument falls below your limit, your exposure in the instrument will be sold at the next available market price. Automatically occurring once the limit is reached, it provides an exit price, preventing you from losing more capital.