> ## Documentation Index
> Fetch the complete documentation index at: https://docs.entry.fi/llms.txt
> Use this file to discover all available pages before exploring further.

# Stop orders

A stop order becomes active only after the market reaches a chosen trigger price. In simple terms, it waits for a condition first, and only then tries to execute.

This makes stop orders useful for both risk management and breakout trading. In Entry Finance, practical exit setup is covered in [How to manage TP/SL](/using-the-terminal/how-to-manage-tp-sl).

## Why traders use stop orders

Stop orders are commonly used to:

* cut losses if the market moves the wrong way
* enter a trade after price breaks an important level
* automate a plan without watching the chart every second

## Stop market vs stop limit

**Stop market** becomes a market order after the trigger is reached. It focuses on getting filled quickly.

**Stop limit** becomes a limit order after the trigger is reached. It gives more price control, but there is a higher chance it may not fill in a fast move.

<Note>
  The stop price is a trigger, not a guaranteed execution price.
</Note>

## Simple example

Imagine BTC is trading at `60,000`, and you think a break above `61,000` could start a stronger move. You place a stop order with a trigger at `61,000`.

* With a **stop market**, the system tries to buy immediately after the trigger
* With a **stop limit**, the system places a limit buy at your chosen price

## Important detail

A stop trigger does not guarantee an exact fill. In fast or thin markets:

* stop market orders can fill with slippage
* stop limit orders can trigger but remain unfilled

<Warning>
  Use stop market when execution matters most. Use stop limit when price control matters more and you accept the risk of no fill.
</Warning>