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13:08 Jan 30, 2001
Spanish to English translations [PRO] Bus/Financial
Spanish term or phrase:orden de signo contrario
regarding trading on stock exchange.Market orders etc. giving an order to buy or sell in opposite direction or suchlike
... pérdidas, según se abre una posición se coloca un stop loss (una orden de signo contrario, que se ejecuta automáticamente si el futuro alcanza el precio al ... www.tradersystem.com/futuros/operativa1.htm
Yolanda Broad United States Local time: 06:25 Native speaker of: English PRO pts in pair: 668
Explanation: Hi Keith,
Just a comment on the stop loss answer. One does not necessarily place an order in the market to stop a loss, one may simply place it to offset a trade. In futures markets, you need to place the trade opposite to the one you originally entered the market with (whether you want to take profits or stop a loss)that is, if you originally buy, you offset with a selling trade. I'd use "opposite trade" when it is not clear the order is dealing with stopping losses. Also, when you know exactly how much you're willing to lose in a trade, when you enter the market, you simultaneously place the exiting trade, and that would be a stop-loss order.
experience as broker
Claudia Esteve United States Local time: 06:25 Native speaker of: Spanish PRO pts in pair: 65