XAUUSD: the stop is a trigger, not the final lossGoldOANDA:XAUUSDordanemarketsGold can move through a stop faster than an exit order can fill. This chart is a reminder to separate the trigger from the outcome. A stop tells the platform when to exit. Available liquidity determines where the exit is filled. The difference is slippage. Risk therefore has to be solved backwards. Start with the account loss threshold, then subtract floating loss, spread, commission, swap, and an allowance for adverse execution. What remains is the amount available for the planned price distance. Position size is the output of that calculation, not the starting point. On a 50,000 simulated balance, a 1.5% maximum risk budget is 750. That 750 is the ceiling for the complete loss, including execution costs. It is not the amount to assign to the chart distance before costs. With more than one position open, combined floating loss matters before either stop is reached. The chart chooses a logical stop location. The risk limit decides whether the position fits. Education only, not advice. All figures use simulated capital only; no deposits, no client money.