Sell Stop Indices Order Definition
A Sell Stop Indices Order is an order to sell a indices after the stock indices price rises to the set sell stop stock indices price level.
The sell stop indices order is always set to sell below the existing stock indices market price.
How to Set A Sell Stop Indices Order in Indices Trading
In the indices examples below a sell stop indices order was placed to sell at a level below the current stock indices market price.
The stock indices price pair then went down to hit the sell stop indices order, and afterwards stock indices price continued to move downwards.
Sell Stop Indices Order Meaning - Sell Stop Indices Order Definition
The sell stop indices order is also used to set a pending indices order when there is a consolidation stock indices chart pattern on a stock indices chart. The sell stop indices order is used to set a sell order just below the consolidation stock indices chart pattern as shown on the stock indices trading example explained and illustrated below so that if there is a indices price breakout downwards after the indices consolidation stock indices chart pattern then a new sell order is opened by the pending sell stop indices order - once the sell stop stock indices price set is reached.
Setting Sell Stop Indices Order in a Indices Price Breakout - How to Set A Sell Stop Indices Order in Indices Trading
A Sell trade was opened from the above pending sell stop indices order when the stock indices price broke a support level in the first indices example and when there was a downward stock indices price breakout after a indices consolidation stock indices chart pattern on the second sell stop order indices trading example.