Stop Level

 
What is stop level.
 

Stop Level

Its a limit from broker on pairs for Stop Loss distance  i.e you can not set stop loss less then 20 points or 2 pips and this limit can be vary on all pairs. Mostly brokers don't have this limit. 

 

Stop out Level

This is also a limit from broker  i.e stop out level 40%  means when your trade will reach 40% DD automatically broker will close your trade here need to understand 40% means individual trade not all trades.

 

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