I read one sentence,
"As soon as you buy, place a stop-loss order one tick below the low of the trade day or the previous day, whichever is lower".
Could anyone explain to me what does tick mean? Many thanks!
"As soon as you buy, place a stop-loss order one tick below the low of the trade day or the previous day, whichever is lower".
Could anyone explain to me what does tick mean? Many thanks!