SL-M
Trading & ordersStop-loss market order — on trigger it becomes a market order, guaranteeing exit but not price.
In plain terms
Gets you out for certain, at whatever price exists.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
Stop-loss market order — on trigger it becomes a market order, guaranteeing exit but not price.
Gets you out for certain, at whatever price exists.