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