Stop Loss Order
An order to sell that is placed below the current market price. This becomes a market order when the price of the stock falls to a specific price. A stop loss order is used to protect a profit or limit a loss on an investment.
As stock markets have pulled back from their recent highs, you may have wondered about using stop-loss orders to protect your profits.
However, before you try this approach, you should keep in mind that stop-loss orders have a number of risks that can cost you money. Read on and we’ll take you inside this investing strategy, and point out some …read more »
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or experienced investor, these weekly updates are designed to give you specific advice on investing in the stock market. Each Investor Toolkit update gives you a fundamental piece of investment strategy, and shows you how you can put it into practice right away.
Tip of …read more »
