What is Stop order?
Brokers & ordersAn order that becomes a market order once price touches your level. Buy stops sit above the price; sell stops sit below.
Think of it like: A tripwire that fires your order the moment price steps on it.
Real example: A buy stop at $105 catches a breakout above resistance at $104.
Lesson: Market, limit and stop orders Practise it now: Follow the Sun Practise it now: Order Up!