{"id":18966,"date":"2019-09-22T09:36:51","date_gmt":"2019-09-22T08:36:51","guid":{"rendered":"https:\/\/traders-paradise.com\/?p=18966"},"modified":"2020-07-07T13:44:09","modified_gmt":"2020-07-07T12:44:09","slug":"guaranteed-stop-loss-order","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2019\/09\/guaranteed-stop-loss-order\/","title":{"rendered":"Guaranteed Stop-Loss Order"},"content":{"rendered":"

3 min read<\/em><\/p>\n

\"Guaranteed<\/p>\n

Guaranteed stop-loss order or GSLO act precisely the same as normal stop-loss order but as difference, it ensures to close you out of a trade at the price you define no matter how the market is volatile.<\/span><\/p>\n

Guaranteed stop-loss order protects you against gapping. Gapping is when a price of stock opens above or below the prior close with no trading action in between. It can happen the price surges over a stop-loss level. The role of a guaranteed stop-loss order is to force order to go through at a particular price.<\/span><\/p>\n

The market can top higher or drop more than the guaranteed stop-loss level. So, setting this kind<\/a> of order is important to protect your profit<\/a> especially if your holding very liquid stocks.<\/span><\/p>\n

Particularly, using a guaranteed stop-loss order in the spread betting is extremely important.<\/span><\/p>\n

The guaranteed stop-loss order, for instance, when used properly and in the right situations, is a right risk control tool since it guarantees the stop loss level. You can even rise the guaranteed stop-loss level up if the trade is going your direction. Also, it allows the stock to come back a little to provide profits run.<\/span><\/p>\n

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