01 / What you'll learnA stop loss is an order setting intended to limit a loss if price moves against you.
EntryStop LossClose request
Take Profit$2,620
Potential gain area
Entry$2,600
Price
Potential loss area
Stop Loss$2,590
↓ Stop LossA plan for an unwanted move should exist before practice begins.
06 / Explain it simplyWhat is Stop Loss?
A stop loss is an order setting intended to limit a loss if price moves against you.
07 / Everyday exampleIf a position is opened at $100, you might choose a rule that attempts to close near $95. The actual fill can differ.
08 / MT5 exampleStop Loss is added in the order ticket or position modification window. Confirm the unit, price, and symbol.
DEMO ACCOUNTWhat is Stop Loss?
Practice with Virtual money. No live order is required.
- 1Open your demo account
- 2Choose a symbol
- 3Open the order window
- 4Find the relevant field
- 5Enter a practice value
- 6Review before submitting
09 / Key takeaways- It is a risk-control instruction.
- It does not guarantee the exact exit price.
- The level should match a risk plan, not a guess.
10 / Common mistakeTreating a stop loss as protection from every possible loss or gap.
Mini quizWhat is a stop loss for?
Quiz progress is saved with this lesson when you mark it complete.