Stop Loss
An order placed to sell a security when it reaches a specific price, designed to limit potential losses on a position. Essential for risk management.
Related Terms
Ask Price
The lowest price at which a seller is willing to sell a security. Also called the offer price. The d...
Average Price
The weighted average cost at which you purchased shares of a stock, calculated by dividing total cos...
Basis Point
One-hundredth of a percentage point (0.01%). Used to describe small changes in interest rates, yield...
Bid Price
The highest price a buyer is willing to pay for a security. Together with the ask price, it forms th...
Brokerage
The commission or fee charged by a broker for executing buy or sell orders. Discount brokers in Indi...
CMP
Current Market Price. The latest traded price of a security on the exchange. Used as the reference f...