What is a 'Stop-loss' option

A Stop-loss option on your orders helps with minimising risks attached to trading. This option is available for Market and Limit orders with a preselected Stop option, which ensures that your order will be placed as soon as the price reaches a certain value, called the Trigger price.

A Stop-loss option places your order as soon, as the Trigger price reaches the value that was entered when creating the order. Let's provide an example for it:

- you have purchased a BTC/USDT contract at a price of 1000 USDT

- the maximum amount of loss that you are prepared for is 10%

In that case you need to set your Trigger price for a Stop-loss order at 900 USDT, and if that Trigger price is reached, an order is created automatically, preventing further losses.

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