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Basics

Sell stop

A sell stop is a pending order to sell at a price below the current price. It fills once the price falls to that level, at the next available price.

Also called: sell stop order, stop sell

Hypothetical example

Hypothetically, EUR/USD is at 1.1000 and you place a sell stop at 1.0950. If the price falls to 1.0950, a short position opens; the price could then reverse.

Used in these guides

Basics8 min read
Order types: market, limit and stop orders
How market and pending orders work, when each one fills, and what can make the fill price differ from the price you set.
Platforms8 min read
MetaTrader 5 guide: getting started
What MetaTrader 5 is, how to download it and log in with NextTrade, and how to place a first order on a demo account.

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