why SL executed below loss?

<p>I do not mean to sound flippant, but the answer is obviously clear: your stop loss is either in the wrong place, or the amount is too small. You can therefore do the following things: (i) You need to look closely at the methodology you use to set your stop loss. Either your methodology is incorrect, or you are not using it properly, (ii) Perhaps your stop loss is too small for the market you are trading, or (iii) the money you are using to trade is too little for the proper stop loss required by the market.</p>

<p>You should give some breathing room for your trades. One way you can check the "breathing room required for your market is by checking the ATR (Average True Range) of your market at the time frame you trade. ATR indicators are readily available.</p>

<p>Trading is all about discipline, psychology, and timings and all comes from learning and experience. If you are sure about the trades you can use a mental stop loss. Or you should try to trade with half the quantity and shift your stop-loss to double.</p>

<p>Actually this happens with every trader in the starting phase of trading. Before place any trade first you should decide your target, entry point, stop loss, and exit point on paper. If you are using a stop-loss order incorrectly you will find that it is always getting hit, then the trade reverses and moves immediately back in your direction.</p>

<p id="isPasted">When buying a stock, a stop loss should typically be placed at the low of the most recent candlestick.&nbsp;</p><p>When selling a stock, one should place a stop loss at the high of the most recent candlestick.</p><p>When a stock reaches a certain price, a stop-loss order is placed with a broker to buy or sell it. The purpose of a stop-loss is to limit the loss of an investor on a security position. You can limit your loss to 10% by setting a stop-loss order 10% below the price at which you bought the stock.</p><p>Stop-loss orders have the major advantage of being free to implement. When the stop-loss price is reached and the stock must be sold, your regular commission will be charged.&nbsp;</p><p>Additionally, stop-loss orders don't require you to monitor a stock's performance daily. In situations where you cannot watch your stocks for a long time, such as while on vacation, this convenience is invaluable.</p>