Yes, you're right. The term "stop loss" tends to confuse many ; including me when I was new to it. But who am I to question market terminology ?
SL orders can be used for entries as well as exits. Such orders are placed usually when one wants the orders to be executed at a price away from the current market price.
SL orders can be used for entries as well as exits. Such orders are placed usually when one wants the orders to be executed at a price away from the current market price.
Agilent said:
I'm still confused at your terminology. If your target Purchase price is 1015, then why do you call it stop loss ?
This is not the generally understood meaning of stop loss, I'm afraid
AGILENT
This is not the generally understood meaning of stop loss, I'm afraid
AGILENT