Stoploss

This intelligent order is intended to lower investment risk. If the price of a stock rises and you want to secure yourself against losses in the event of a quick drop in the price, define a Stop Price, which fixes your profit.

• Sell Stoploss: used to sell and close a position during a decline in the price to a pre-defined value.
• Buy Stoploss: used to buy at a pre-defined price (the investor considers a move in the price as a signal of growth).

To support trading strategies, two different types of stop orders are available that are activated after a predefined pricelevel (stop limit) is reached.

Stop market order:

When the stop limit is reached (or exceeded for stop buy orders or falls below it for stop sell orders), the stop order is automatically placed into the order book as a market order and may be executed immediately.

Stop limit order:

In the case of a stop-limit order, when the stop limit is reached (or exceeded for stop buy orders or if it falls below it for stop loss orders), the stop order is automatically placed into the order book as a limit order and may be executed immediately.

In the case of a stop sell order (called also "stop loss order"), the stop limit must be below the price that was last determined for the respective security. In the case of a stop buy order, the stop limit must exceed the price that was last determined for the respective security. When a stop order is triggered, the order is always given a new time stamp.