Stop orders are a great way to help you manage your risk. In this video, we show you how to create a stop order.
Stop orders are designed to manage trading risk. So they are placed on a losing side of a trade. You can create a stop order while you're creating a market order or an entry order. Simply check this box and enter your stop price. A market order executed in the account and a stop order of equal size is waiting here in the order's window. Net stops control your entire exposure for a given currency pair and can be added by clicking on the blank cell on this column. As you can see, the platform offers a number of convenient ways for you to control your trading risk.