What is a 'Sell Stop' order?
When a trader wishes to sell (or go short) below the current market price, a sell stop order comes in place, which order executed as soon as the bid price is found equal to or lower than the specified ‘stop’ price.
When a trader wishes to sell (or go short) below the current market price, a sell stop order comes in place, which order executed as soon as the bid price is found equal to or lower than the specified ‘stop’ price.