My TP/SL did not execute correctly

Description: You set a TP/SL and believe it was not executed correctly

Take Profit (TP) and Stop Loss (SL) orders can be set as market or limit orders. TP/SL are triggered by mark price, and then executed. Trade price and mark price are different
By default, market TP/SL orders have a 10% slippage tolerance, which means the execution price can deviate, especially for larger positions or illiquid tokens
So even if your TP was triggered at a profitable price, the actual fill might have occurred at a worse price due to market conditions, such as low liquidity and/or sudden volatility, resulting in a loss
To avoid this, you can:
Use limit TP/SL orders to specify the exact price you want
Break up large positions into smaller chunks to reduce slippage
Check the order book before placing orders to understand available liquidity

You can read about TP/SL in the Docs here: https://hyperliquid.gitbook.io/hyperliquid-docs/trading/take-profit-and-stop-loss-orders-tp-sl
Long positions
Stop-Loss (SL):
- A SL order to close a long position with a trigger price of $10 and limit price of $10 will place a limit sell order at $10 once the mark price falls below $10
- If the price drops sharply from $11 to $9, this order may rest at $10 without filling
- If the limit price is set lower, say $8, the order has a better chance of filling somewhere between $9 and $8
Take-Profit (TP):
- A TP order with a trigger price of $12 and limit price of $11.80 will place a limit sell order at $11.80 once the mark price rises above $12
- This prevents the order from filling below $11.80 if the price pulls back after triggering
Short positions
Stop-Loss (SL):
- A SL order to close a short position with a trigger price of $11 and limit price of $11 will place a limit buy order at $11 when the mark price rises above $11
- If the price spikes quickly from $10 to $12, this order may not fill
- If the limit price is set higher, like $13, the order has a better chance of filling between $12 and $13
Take-Profit (TP):
- A TP order with a trigger price of $9 and limit price of $9.20 will place a limit buy order at $9.20 once the mark price drops below $9
- This ensures it won't fill at a worse price (above $9.20) if the price bounces back up after triggering

A Stop Market order is triggered when the price reaches the selected stop price.
Entering a Long Position
Stop Price: The price at which you want to trigger your buy order (above current market price)
Used when: You want to place a long only if the price is higher than the current price
Entering a Short Position
Stop Price: The price at which you want to trigger your sell order (below current market price)
Used when: You want to place a short only if the price is lower than the current price

A Stop-Limit Order is a conditional order that combines a stop (trigger) price and a limit price. When the stop price is hit, a limit order is placed on the order book. That limit order only executes if it can be filled at or better than your limit price
Entering a Long Position (Buy Stop Limit):
Stop Price: The price at which you want to trigger your buy order (above current market price)
Limit Price: The max price you're willing to pay (typically lower than the stop price, otherwise orders will likely fill immediately upon triggering)
Used when: You want to place a long only if the price is higher than the current price, but want to set a limit price (not willing to buy higher than $x)
Entering a Short position (Sell Stop Limit)
Stop Price: The price at which you want to trigger your sell order (below current market price)
Limit Price: The lowest price you're willing to sell at (typically higher than the stop price, otherwise orders will likely fill immediately upon triggering)
Used when: You want to place a short only if the price is lower than the current price, but want to set a limit price (not willing to sell lower than $x)