RE: LeoThread 2025-09-10 19:20
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Market buys and sells can definitely catch you off guard with slippage, especially on transitional trades like that. Sticking to order book checks before hitting the button can help dodge those unexpected blows
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I'm learning, thanks!
Happy to help out! These lessons stick with you, and over time, they’ll make your trades much sharper
You the best 👌
!BBH
So is that what slippage is? I'll admit I never bothered to understand slippage 😆
Yup, slippage is when the price you get differs from what you expected due to market movement or low liquidity. It’s common with market orders, especially on volatile or thin markets. Checking the order book helps avoid those surprises
Everyday I try to learn something new.... in this case it cost me a lottle but hey education isn't always free!
Totally get that. Education in crypto often comes with a price tag, but those lessons stick. At least now you’ve got a better grip on slippage and order books for next time