Why was the actual execution price worse than the one I set after placing a stop-loss order?
First, a definition: A stop-loss order that executes at market price once triggered is called a stop-market order. It is more likely to be filled, but significant slippage may occur during sharp volatility.
How it works: A conditional order lets you record your exit plan in advance, reducing hesitation and wishful thinking when prices move rapidly.
Here’s a current price: $BTC Current price 73594.9 (24h -0.65%).
Keep your position size within your means and leave yourself a way out.
First, a definition: A stop-loss order that executes at market price once triggered is called a stop-market order. It is more likely to be filled, but significant slippage may occur during sharp volatility.
How it works: A conditional order lets you record your exit plan in advance, reducing hesitation and wishful thinking when prices move rapidly.
Here’s a current price: $BTC Current price 73594.9 (24h -0.65%).
Keep your position size within your means and leave yourself a way out.