📌 Stop-Limit Order – Smart Protection for Your Balance
🛡️ What is a Stop-Limit Order?
It is a trading tool that protects you from significant losses.
You set a specific price, and if the market reaches it, the sale is made automatically.
🔧 How does it work?
- Stop: the price that triggers the order
- Limit: the price at which you sell
📌 Practical Example:
You have a currency priced at 100$
You set Stop at 90$ and Limit at 88$
If the price drops to $90, the sale occurs automatically at 88$ .
> Tip: Do not enter a trade without a protection order. The market is unforgiving!