What Is Stop Loss on Pluang US Stocks?
Stop Loss is one half of Pluang's Exit Strategy for US Stocks: a sell order that fires automatically if the price of a stock you hold falls to a level you set, so a losing position closes without you having to watch the market. You add it when you place a buy order — it cannot be set on its own — and it becomes active only once that buy order actually executes. If the buy never fills, the Stop Loss attached to it never activates either. The level you choose is the trigger price, and once the market touches it the sell is sent for execution. Stop Loss needs a minimum of 0.1 shares to activate, runs on a fixed 30-calendar-day validity that cannot be extended or edited, and works during Regular Market hours only. For example, buying at $100.00 and setting Stop Loss at $90.00 caps your downside at roughly $10 per share.
- What it is: a sell order that fires automatically when the price falls to the level you set, limiting further loss
- Attached to a buy: it can only be added to a buy order, never placed independently
- Activation: it goes live only once the linked buy order executes; if the buy never fills, neither does the Stop Loss
- Minimum size: 0.1 shares are required for an Exit Strategy order to activate
- Fixed validity: 30 calendar days, not extendable or editable — once expired, the level no longer triggers
- Hours: Regular Market hours only; not available in the 24-Hour Market's extended sessions
- Worked example: buy at $100.00 with Stop Loss at $90.00 — if the price falls to $90.00 the position sells automatically
Related questions:
Q: Can I set a Stop Loss on shares I already own?
Not on its own. On Pluang a Stop Loss is part of the Exit Strategy attached to a buy order, either a Limit or a Stop-Limit buy, rather than a standalone instruction you can apply to an existing holding. You can add or change the Stop Loss on a buy order you have already created, but the order itself is what the level is tied to.
Q: What happens if my Stop Loss is never triggered within 30 days?
The order expires automatically at the end of its fixed 30-calendar-day window. After that point the level is no longer live, so even if the price falls through it the next day, nothing will execute. If you still want downside protection you have to set up a fresh Exit Strategy with new levels on a new buy order, rather than extending or reactivating the one that has already expired.
Q: Does a Stop Loss guarantee I will sell at exactly my trigger price?
No. The trigger price is the level that sets the order off, not a promise about the fill. Once the level is touched the order is sent for execution and completes at whatever the market can offer, and a fast reversal can even leave it unfilled with your shares still in the portfolio. Treat it as a risk-management tool rather than a guaranteed exit price.
Q: Can I use a Stop Loss in the 24-Hour Market?
No. Exit Strategy orders run during Regular Market hours only, even though those hours sit inside the wider 24-Hour Market weekly window. The extended Overnight, Pre-Market, and Post-Market sessions accept Limit Orders with DAY validity only. The OCO mechanism behind Stop Loss depends on the deeper liquidity that Regular Market hours provide in order to trigger and execute reliably, which the thinner extended sessions cannot consistently offer.