Reply To: What’s the fastest way to turn $500 into $10k day trading?

#198544
Steve

    Price slippage happens when the price you expect and the price you actually get are different. It’s more common in volatile and low-liquidity markets like crypto due to rapid price changes.

    Let us say you place a buy order for Bitcoin at $100,000, but by the time the order executes, the price jumps to $100,500 – that’s slippage. It can also work the other way. You might sell Ethereum at $2000, but if the price suddenly drops to $1,850 before execution, you get less than expected.

    If you’re trading strategy relies on small margin then this can make a dent in your planned returns.

    Do you get what I mean?