Risk Management
Guaranteed Stop Loss
A stop loss that executes at the exact price regardless of gaps.
Full Definition
A guaranteed stop loss order (GSLO) ensures your position closes at your specified price, even if the market gaps through it. Unlike regular stops that may suffer slippage, GSLOs provide certainty but typically come with an additional premium or wider spread.
Example
You set a GSLO at 1.1000. The market gaps from 1.1010 to 1.0980 due to news. Your position still closes at exactly 1.1000, not 1.0980.
Related Terms
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