What is a cloud stop loss?

Cloud stop loss refers to the cloud condition list.

In normal trading software, when the exchange closes, the take profit order and stop loss order in the investor's account will automatically become invalid and be reset after the next opening.

Take profit and stop loss in the cloud means that the trading software saves the investor's take profit and stop loss instructions in the cloud, and the take profit and stop loss instructions will not be invalid because of the closing of the exchange. This kind of cloud condition sheet is suitable for traders who hold positions for a long time and does not consume energy.

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Full text of the document of the State Administration for Industry and Commerce (195)