If you set up an automatic stop-loss order to be sent upon getting filled, does the stop-loss order's price parameters (bid -2, last -2, etc) move with the current bid/ask of the market until your order is executed? For example, I know once I press the hotkey to set the order up the stop-loss order's trigger is already pre-loaded at say 968 when the market is trading 970. If I wait until the market is at 975 to buy, will the stop-loss order automatically adjust to last -2 (973)? I know prior to execution it seems not to adjust with the market. In a related question, what happens to stop orders that are mistakenly priced above or below the market and transmitted (buy stop below market or sell stop above market - which could easily happen if the answer to my question above is NO) -- are they completely ignored?