Daredevil
@daredevil01.base.eth
26 Following
22 Followers
Casts
Casts + replies
Daredevil
@daredevil01.base.eth
https://farcaster.xyz/jesse.base.eth/0x1d7110ff
0 reply
0 recast
0 reaction
Daredevil
@daredevil01.base.eth
Did you know slippage isn’t always bad? Most traders fear it, but sometimes it works in your favor! ◽️ Positive Slippage ✅ – You get a better price than expected. ◽️ Negative Slippage ❌ – You pay more or sell for less than planned. Example: You place a market buy order for an asset at $100, but due to fast-moving prices, it gets executed at $98 – that’s positive slippage! But if the execution happens at $102, that’s negative slippage. 😬 To reduce negative slippage, traders use: ✔ Limit orders instead of market orders. ✔ High-liquidity trading pairs with deep order books. ✔ Stable market conditions (avoid trading during high volatility). Ever experienced positive slippage before? Let me know below! 👇
1 reply
0 recast
2 reactions
Daredevil
@daredevil01.base.eth
Ever noticed that sometimes when you place a trade, the price you actually get is different from what you expected? That’s called slippage. It happens when market prices move between the time you place an order and when it gets executed. Slippage mostly occurs in two cases: ◽️ High volatility – Prices move fast, especially during major news events. ◽️ Low liquidity – There aren’t enough buyers/sellers at your expected price. If you’re trading in a fast-moving market, slippage can affect your profits significantly. But guess what? There are ways to control it. Stick around to learn how! 📉 Have you ever faced slippage while trading? Share your experience! 👇
2 replies
1 recast
4 reactions