What happens to stop loss? When we place it?

What happens to stop loss? when we place it? Means, what are characteristic of stop loss? is it reflect in market total buy or total sell or not ? what is the working method of stop loss?

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All about Stop loss orders explained here.

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I DON'T USE STOP LOSS HERE IS THE REASON WHY 

http://www.marketwatch.com/story/why-i-stopped-using-stop-loss-orders-2013-05-09

thank you for your ans. but i know how to use sl in markets. I want to know how it work in market as sl order