George John Baker
What is a guaranteed stop-loss order (GSLO)?
A guaranteed stop-loss order ensures a trade will close at the exact stop-loss price, regardless of market volatility or gaps. This protects traders from slippage during sudden moves, such as news releases or weekend gaps. GSLOs are offered by some brokers as an optional feature, often with a small premium fee. They are particularly useful for risk-averse traders who cannot monitor positions constantly. While they limit downside risk, the premium costs may reduce profitability if overused. GSLOs are best applied in volatile markets or when holding trades overnight.
2 месяца до
0 0