If you’re just starting out in day trading, you might not be aware of slippage. For those that don’t know, it’s the difference between the price you expect to pay for a trade and the actual price when it gets executed.
In wild, volatile markets, slippage can really hit you hard, leading to orders being filled at worse prices than you anticipated. This can mean higher costs than you were counting on.
So watch out, especially if you’re working with tight margins and using stop losses.
Seb_2798