> For the complete documentation index, see [llms.txt](https://avstrade.gitbook.io/avstrade-docs-en/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://avstrade.gitbook.io/avstrade-docs-en/trading/closing-orders/stop-loss.md).

# Stop Loss

**Market Stop Loss**

Stop Loss Market (SL) is intended to limit losses when trading with the tool. It is executed at a set price, or at a price which is even less profitable at market prices.

SL orders are always placed in conjunction with an open position or a delayed order.

&#x20;

<div><figure><img src="https://591419216-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVaZsqm5yzVCnvvcwFBZY%2Fuploads%2FkNyBNRRFULWSFs5i5HoD%2F%D0%BE%D1%80%D0%B4%D0%B5%D1%80%20Stop%20Loss.jpg?alt=media&amp;token=ebac6dc5-bd61-44eb-ba7c-eb78791a0d73" alt=""><figcaption></figcaption></figure> <figure><img src="https://591419216-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVaZsqm5yzVCnvvcwFBZY%2Fuploads%2FVr8SQaxUUBPRkG50xPKM%2FStop%20Loss.jpg?alt=media&amp;token=af6db459-85dd-4918-8c13-0c6ec58c041d" alt=""><figcaption></figcaption></figure> <figure><img src="https://591419216-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVaZsqm5yzVCnvvcwFBZY%2Fuploads%2F8hGMGGjdKrNgLqWxxtbT%2F%D0%9E%D1%80%D0%B4%D0%B5%D1%80%D0%B0%20SL.jpg?alt=media&amp;token=04950f68-2a45-4b0e-9877-ed6fb4654fe6" alt=""><figcaption></figcaption></figure></div>

We support multi-level Stop Loss. Maximum quantity is 10 orders<br>
