Stop Limit Indices Order and Stop Loss Indices Order Definition Explained

Stop Entry Indices Order - Stop orders are set to buy above or to sell below the current market indices price. Stop entry orders are automatically executed so as to open new stock indices trades once the stock indices trading market stock indices price reaches the specified stop entry stock indices price level.

Stop Loss Indices Order - Stop loss orders are stock indices orders set by traders to close a trade automatically after stock indices price has moved against their open trade position by a number of specified indices trading pips. This is done to prevent more losses for that particular trade. A stop loss is automatically executed by the MT4 platform.

Another difference is that stop entry orders open new trades while stop loss indices order close open trades.

To learn and know more about Stop Entry Indices Order and Stop Loss Indices Order

Stop Entry Indices Order Definition and Example

Stop Loss Indices Order Definition and Examples

What is the Difference between Stop Entry Indices Order and Stop Loss Indices Order?