What are the disadvantages of a stop-loss order?
I'm considering using a stop-loss order in my trading strategy, but I want to understand the potential downsides. What are the main disadvantages of employing such an order?
What is an example of a stop-loss order?
I'm looking for an example that illustrates a stop-loss order. I want to understand how it works in practical terms, so a real-world scenario or a detailed explanation with specific numbers would be helpful.