What's Difference between Stop Order, Limit Order & Stop Loss Order?

Stop Entry Order - Stop orders are set to buy above or to sell below the current market price. Stop entry orders are automatically executed so as to open new forex trades once the market price reaches the specified stop entry price level.

Stop Loss Order - Stop loss orders are orders set by traders to close a trade automatically after price has moved against their open trade position by a number of specified pips. This is done to prevent more losses for that particular trade. A stop loss is automatically executed by the MetaTrader 4 platform.

Another difference is that stop entry orders open new trades while stop-loss order close open trade transactions.

To learn more about Stop Entry Order & Stop Loss Order

Stop Entry Order Definition and Example

Stop Loss Order Definition & Example

What's Difference between Stop Entry Order & Stop Loss Order?