What is Cover Order

Cover Order Meaning

A cover order is a trading strategy where a trader combines a market order with a stop-loss order. It is primarily used for intraday trading with leverage, allowing traders to capitalize on short-term price movements while minimizing potential losses through predefined stop-loss levels.

Content:

What Is Cover Order?

A cover order is a trading strategy used in intraday trading where a trader places a market order for a stock along with a stop-loss order. It allows traders to capitalize on price movements while limiting potential losses through predefined stop-loss levels.

A cover order is a trading tactic combining a market order with a stop-loss order. It enables traders to initiate positions qu