what is stop-market order?
a stop that turns into a market order when triggered.
it will usually exit, but the fill can be worse than the stop level (slippage).
related words
- stop distance the distance, in %, from the entry price to the stop.
- stop-limit order a stop that turns into a limit order when triggered.
- stop-loss (stop) a planned exit price where a losing trade is closed.
part of the topic risk: free articles, more words and the guide.
checked . education, not advice. found a mistake? see corrections.