Business Studies, asked by nishitaadhikary48, 2 months ago

what is meant by stop loss order?

Answers

Answered by raniposhi

1

Answer:

hope it's helpful

give thanks to my answer

Explanation:

A stop-loss order is an order placed with a broker to buy or sell a specific stock once the stock reaches a certain price. A stop-loss is designed to limit an investor's loss on a security position. For example, setting a stop-loss order for 10% below the price at which you bought the stock will limit your loss to 10%.

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