Are stop loss orders used?
Yes! If you will be using our auto-trading service, you don’t need to deal with entering a stop loss order. These are entered on your behalf according to our recommendation. Our max loss policy is to send a signal to close out any open trades if a trade reaches a 10% loss. Our preference is to close losing trade recommendations out earlier than that. Since we can make no guarantees regarding order executions, your actual loss may be more or less than the maximum.