THE PRICE YOU SEE IS NOT ALWAYS THE PRICE YOU PAY
A market order buys speed, not a guaranteed price.
Slippage is the difference between your expected price and the actual execution price. It can be positive or negative.
When liquidity is thin, a large order can consume several price levels. A sudden move can widen that gap further.
A limit order gives you price control, but it may remain unfilled. Check the spread and order book depth before choosing order size and order type.
What do you check first: the chart, the spread or the order book?
#CryptoEducation #Slippage #Liquidity #TradingBasics
A market order buys speed, not a guaranteed price.
Slippage is the difference between your expected price and the actual execution price. It can be positive or negative.
When liquidity is thin, a large order can consume several price levels. A sudden move can widen that gap further.
A limit order gives you price control, but it may remain unfilled. Check the spread and order book depth before choosing order size and order type.
What do you check first: the chart, the spread or the order book?
#CryptoEducation #Slippage #Liquidity #TradingBasics