What does "Stop Loss" and "Target" mean?

What does "Stop Loss" and "Target" mean?

  1. Stop loss is the price at which you should sell your stock and book the losses.
  2. Target price is the price at which you should sell your stock and book the profit.

    • Related Articles

    • Will client be notified if a "Stop Loss" or "Target" is achieved?

      Yes, a pop-up notification is sent to client's device when a Stop Loss or Target is achieved.

    • What are Stop loss orders?

      A stop-loss order is a buy/sell order that can help you limit your losses in case the prices move against your trade. If you are buying a stock, then you will have to add a sell stop-loss. If you have to sell a stock, then you will have to add a buy ...

    • How to place a Stop Loss order?

      A stop-loss order is usually placed to minimize losses on a position. It allows you to place an order only when the market price of the stock reaches or crosses a specified price point also known as the ‘SL Trigger Price’. There are 2 types of ...

    • Can client modify normal order to stop loss order?

      Yes. If order is pending, then client can modify the order from order book.

    • What is "Today's Profit / Loss"?

      "Today's Profit / Loss" specifically shows the change in value of your stock holdings since the market opened on the current trading day. It indicates how much your investments have gained or lost during the current day's trading session.