stop loss only get triggered and become market order when you hit the target set as stop loss
and trailing stop will only get activated if you have at least move to profit that equals you trailing stop
so this means that if there is a slippage and the prive never moves into the favour in first place, so you trailing stop will not be nelping you and because of slippage you missed to hit your stop loss and price just slipped your atop loss to keep moving against you ....
if this is so correct then it means that stop loss and trailing stop dont protect us from loss completely ... ?
and trailing stop will only get activated if you have at least move to profit that equals you trailing stop
so this means that if there is a slippage and the prive never moves into the favour in first place, so you trailing stop will not be nelping you and because of slippage you missed to hit your stop loss and price just slipped your atop loss to keep moving against you ....
if this is so correct then it means that stop loss and trailing stop dont protect us from loss completely ... ?
The biggest trick market can pull on you is getting you out of itself