Stop loss and stop limit orders are commonly used to potentially protect against a negative movement in your position. Learn how to use these orders and the effect this strategy may have on your investing or trading strategy.
Note: Trailing stop orders may have increased risks due to their reliance on trigger pricing, which may be compounded in periods of market volatility, as well as market data and other internal and external system factors. Trailing stop orders are held on a separate, internal order file, placed on a "not held" basis, and only monitored between 9:30 a.m. and 4:00 p.m. ET.