A pre-set order that automatically closes a position once the price reaches a specified level, limiting potential losses.
A stop-loss is an order placed in advance to automatically exit a position once the price of a security reaches a predetermined level, capping the potential loss on a trade. It is one of the most fundamental risk-management tools in trading and forms the core philosophy behind Stolo’s platform — helping traders define their risk before entering a position rather than reacting emotionally once a trade has already moved against them.
Got a question or a feature you wish existed? Drop it in our Telegram community, the Stolo team is right there reading every message.