Stop lossnuksan rokne ka order

A stop loss is an instruction to exit a trade automatically when price reaches a level you chose in advance, so that a small loss does not become a large one. If you buy SBI at ₹800 and place a stop loss at ₹790, the stop triggers if the price falls to ₹790 and sells your shares, limiting the loss to about ₹10 per share plus slippage. Stops are placed with a trigger price and, for SL orders, a limit price; SL-M orders become market orders when triggered. The stop should sit where your trade idea is proven wrong, below a support or a recent low, not at an arbitrary rupee figure. It should be decided before entry and never moved further away once the trade is on. Stops do not fill at the trigger price in a gap. Even so, trading without one is how most large losses begin.