Stop Loss is an order to close a transaction in a CFD position at a price determined in advance by you, which in the case of a 'buy' is lower than the opening transaction price, and in the case of a 'sell' is higher than the opening transaction price. A Stop Loss order may serve as a risk minimization strategy however, it cannot be guaranteed since during abnormal conditions and high volatility, a Stop Loss order may be executed at a worse price.