Stop-entry orders allow you to enter a transaction at a selected target price and within a set time period. A stop-entry order to buy is an order at a price above the prevailing market price. A stop-entry order to sell is an order at a price below the prevailing market price. Stop-entry orders are usually subject to slippage.

A stop entry order is a type of trading instruction that triggers a buy or sell order once a specified price level (the stop price) is reached. Unlike a stop-loss, which limits losses, a stop entry is used to enter a trade when the market moves in a favourable direction. Traders commonly use it to:

Breakout traders – Enter when the price surpasses a key resistance or support level, confirming momentum.

Trend followers – Initiate positions when an asset continues moving in a strong trend.

Gap traders – Buy or sell when a stock gaps up or down at the market open.

Once the stop price is hit, the order becomes a market or limit order. This strategy helps traders capitalise on emerging trends while minimising premature entries.

A stop entry order is a trading instruction to buy or sell an asset once its price reaches a specified level, known as the stop price. It is commonly used to enter a trade when the market confirms a breakout or a trend continuation.

For a buy stop order, the trade executes when the price rises above the stop level, ideal for breakout strategies. Conversely, a sell stop order triggers when the price falls below the stop level, useful for short-selling or exiting weak positions.

Stop entry orders help traders automate entries, reduce emotional decisions, and capitalise on momentum. However, in volatile markets, slippage may occur, affecting the execution price. This order type is widely used in forex, stocks, and futures trading.