Characteristics of a Stop/Loss Orders

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1.   A Stop/Loss order is placed to stop deterioration of traders position,

2.   A Stop/Loss Order to Sell is placed at a level that is less than the current Market Rate.

3.   A Stop/Loss Order to Buy is placed at a level that is greater than the current Market Rate.

4.   Stop/Loss Orders can be filled at a level that is different than the entered level. This can occur, if the market gaps below (or above) the entered level. FXDD will always fill all Stop/Loss Orders at the best available price.