What is the meaning of Stop-loss order?

Stop-loss order is an order to unwind a position when the price moves against you. For example, you had purchased a stock, the stop-loss order would be to sell the stock when the price falls to a specified level. If you were short the asset, the stop-loss would trigger a purchase.

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APABarry Goldsmith. (2010). stop-loss order. Retrieved September 26, 2026, from http://smartdefine.org/stop-loss_order/definitions/1164308
ChicagoBarry Goldsmith. 2010. "stop-loss order" http://smartdefine.org/stop-loss_order/definitions/1164308 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, stop-loss order, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/stop-loss_order/definitions/1164308>.
MLABarry Goldsmith. "stop-loss order" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/stop-loss_order/definitions/1164308>
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