What is Guaranteed Stop Loss?

A premium stop loss order that guarantees your trade will be closed at your exact price, regardless of market gaps or slippage.

In-Depth Explanation

Many UK brokers like IG offer this for a small fee. It is the only way to completely eliminate "gap risk" in your trading.

"A trader uses a guaranteed stop loss on a volatile earnings trade to ensure they don't lose more than their defined risk."

Knowing the terms is just the start. Learning how to apply them is where the edge is found.