If my Stop loss has slipped then..


If my Stop loss has not executed at the desired price and it has faced slippage why not immediately placed order at opposite direction and hedge the position. At this way , we can limit the loss slippage is going to do to us?

Will this method work? I mean when the trading on going on of course. And price has gone past stop loss, and it hasn't filled, it's just go even more down.


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