Why my order has closed beyond the preset SL price?
A stop loss is an order set to limit potential losses, but its execution price depends on market availability. Slippage may cause an order to close beyond the preset stop loss price if the market moves too quickly and the expected price is not available. Common causes include high volatility, low liquidity, large order sizes, and a lack of available buyers or sellers. Slippage is an objective risk in trading, and it can result in an order closing at a price worse than the initially set stop loss.