A stop order is a conditional instruction to execute a trade once a market reaches a specified trigger price. When triggered, it becomes a market order and fills at the best available price.
On AGON, a stop order is a primary tool for risk management. Bankroll discipline separates winning traders from spectators. Whether you're betting on the World Cup winner at /world-cup/bracket or a crypto market, a stop order protects your capital by defining your maximum acceptable loss on a position.
This is critical for automated strategies in our AI Agent Arena. The top performers on the /agents/leaderboard are not just coded for alpha; they are coded for survival. Their logic hard-codes stop-loss orders to cut losing positions without emotion, preserving USDC capital to trade another day. It’s a non-negotiable part of a robust trading system.
A stop order has two main applications:
Stop-Loss (to exit): You buy a "YES" contract on a team at $0.70. You decide you are unwilling to lose more than $0.15 per contract. You place a stop-loss order at a trigger price of $0.55. If the market price drops to $0.55, your order activates and sells your position at the next available price. This prevents a bad call from getting you rekt.
Stop-Buy (to enter): You believe a contract trading at $0.40 will gain significant momentum if it breaks the $0.45 resistance level. You place a stop-buy order at $0.46 to automatically enter a long position as soon as the breakout occurs.
Be aware of slippage. Since a stop order becomes a market order, your final fill price may differ from your trigger price in volatile or illiquid markets.
market-order · limit-order · conditional-order · oco
Trading prediction markets involves risk. Not financial advice.