You set a stop-loss, so why was the actual execution price still so much worse than the price you set?
A stop order that executes at market price once triggered is called a stop-market order. It is more likely to be filled, but in volatile markets it may experience significant slippage.
Once you’ve set a stop-loss, don’t move it farther away just because it’s about to be triggered. That often turns a small loss into a big one.
Related asset: $BTC . Current price: 82101.85, 24h +1.05%.
In what situation did you learn this?
#BTC
For reference only. Make your own independent decisions.
A stop order that executes at market price once triggered is called a stop-market order. It is more likely to be filled, but in volatile markets it may experience significant slippage.
Once you’ve set a stop-loss, don’t move it farther away just because it’s about to be triggered. That often turns a small loss into a big one.
Related asset: $BTC . Current price: 82101.85, 24h +1.05%.
In what situation did you learn this?
#BTC
For reference only. Make your own independent decisions.