What is the stop-loss trigger price?
Stop-loss orders are designed in such a way that the order remains inactive until the last traded price reaches the limit order price.
The stop-loss trigger price enables the user to define at what price the stop loss order should get activated. Once the last traded price reaches the trigger price, the stop-loss order is eligible to be executed on the exchange.
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What is stop-limit or trigger-limit order?
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What is the effect of the trailing stop-loss order?
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What is a stop-loss order?
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