stop close only
Persian (Farsi) translation: سفارش توقف/حد ضرر فقط بر اساس قیمت پایانی
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| 06:41 Jul 26, 2020 |
| English to Persian (Farsi) translations [PRO] Bus/Financial - Finance (general) | |||||||
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|  Selected response from: Zeynab Tajik Spain Local time: 15:20 | ||||||
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Answers
3 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1توقف در قیمت پایانی Explanation: (دستور) توقف در قیمت پایانی |
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5 mins confidence: peer agreement (net): +4
peer agreement (net): +4سفارش توقف/حد ضرر فقط بر اساس قیمت پایانی Explanation: Stop on Close (aka Stop Close Only) is a risk management technique used by swing and position traders. A Stop on Close is a stop order that uses the closing price as the stop trigger. The Stop on Close is not an intraday stop order actively working at the exchange, it is an end of day stop that is manually executed. For example, let’s say you are long Corn from $7.00/bushel. You have a stop on close at $6.85. If Corn closes at $6.85 or lower, then the trader would exit right before the close or on the open of the next trading session. https://www.danielstrading.com/2011/06/27/stop-on-close#:~:t... |
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