What is a guaranteed stop-loss?

A guaranteed stop-loss order, or GSLO, works the same as a standard stop-loss order, but for a small fee, it guarantees to exit a trade at the exact price you want, regardless of market volatility or gapping. When market conditions are very volatile, market gapping (or slippage) can occur, which can result in your stop-loss order being triggered at a different price to what you have set. Therefore, using guaranteed stop-loss orders is recommended for regularly volatile markets that experience large price fluctuations.

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