Hi Friends,
Could any one help me understand what does S/L (Stop Loss) order means in easy and simple understanding words with appropriate examples.
I find this term very difficult the remember.
I heard that there are 4 types of S/L orders.
As i understand S/L order is to prevent loss, so does it means whenever the S/L order is executed, one incurs loss??
How S/L orders are useful for the investor.
Thanks in Advance,
Durai007.
Could any one help me understand what does S/L (Stop Loss) order means in easy and simple understanding words with appropriate examples.
I find this term very difficult the remember.
I heard that there are 4 types of S/L orders.
As i understand S/L order is to prevent loss, so does it means whenever the S/L order is executed, one incurs loss??
How S/L orders are useful for the investor.
Thanks in Advance,
Durai007.