How stop loss orders work in general
A standard stop order becomes a market order once the stop price is touched, which means the fill price can differ from the stop level, especially in fast or thin markets. A stop-limit variant becomes a limit order instead, which controls the fill price but may not execute at all if the market moves through the limit. Some platforms also offer trailing stops that adjust with price. These are generic mechanics; the exact order types, names and behaviours on any given platform must be checked in that broker's own order documentation.
- Stop orders do not guarantee a fill at the stop price; gaps and fast markets can produce different execution levels.
- Stop-limit orders control price but can remain unfilled if the market skips past the limit.
- Order behaviour can differ between exchanges, instruments and trading sessions.
- Terminology varies by platform, so read the broker's own order type definitions.


