Complex sentence: The closest a guaranteed stop loss order can be placed is typically 5% from the current price and providers usually have specific terms and conditions on the orders however they can be effective if exiting at a set price is important.
Split into simpler sentences: The closest a guaranteed stop loss order can be placed is typically 5% from the current price, and providers usually have specific terms and conditions on the orders. However, they can be effective if exiting at a set price is important.