stop loss

Foreign currency (FX) markets can move with lightning speed, and while it's an adrenaline rush to notch up gains, when markets turn against you it's easy to give in to knee-jerk reactions. Seven steps can help you stay focused. 1. Trade to a ... More

Prudent trading means having the discipline to know when to crystallise your losses and when to realise your gains. A stop-loss order can help here. It's simply an instruction to your broker to sell a security once it falls to a pre-determined price. ... More