#StopLossStrategies Buy Long Strong Project Baby Futures But With Stoploss Without Stoploss Trading Is Riski.. For Example
$BABY - - - - A stop-loss order is a trading tool used to limit potential losses by automatically selling (or buying) a security when it reaches a specified price. For instance, if you purchase a stock at $100 and set a stop-loss at $95, the stock will be sold if its price drops to $95, thereby capping your loss at $5 per share.
Types of Stop-Loss Orders:
Stop-Loss Market Order: Triggers a market order when the stop price is reached, ensuring execution but not price certainty.
Stop-Limit Order: Combines a stop price and a limit price. When the stop price is hit, a limit order is placed. This provides price control but doesn't guarantee execution if the market moves past the limit price.