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R

Please fix the SL!

M Malik Switzerland Nov 23 2022

I know sometimes we've had slippage, but we have problems with slippage in the IC market that actually very occurred. is it really always like this, the slippage just like to follow IC Market? Please fix the SL to become more sensitive about market movement, so when slippage happens you don't have to lose a lot of money! Actually, we can avoid it right? Apart from that, they have excellent customer service and problem solvers, especially when it comes to withdrawals and deposits. But not a slip. Just like our customer service, we hope to resolve your issue quickly.

R Richardo
Singapore Jan 24 2024

@Malik: I get that dealing with slippage can be frustrating, man. But you know what, slippage is like that unexpected ninja move – it can happen, and no broker can totally dodge it smoothly despite their slippage policies. Now, on to avoiding slippage:

  • Go for "Limit Orders": Imagine it's like tagging your trade with a fixed price. This way, you're only getting in or out at the price you set.
  • Stay Alert for Big News: News can stir things up big time. If there's some major announcement, maybe take a chill pill before making any moves.
  • Trade When It's Buzzing: Stick to trading when the market is alive and kicking. More traders mean less chance of those surprise price jumps.
  • Keep an Eye on the Market Vibe: If things look crazy or too quiet, maybe hold off a bit. Trust your instincts and the market vibes.
  • Give Your Trades Breathing Room: Don't tie your trades up with super tight stop-loss levels. Let them breathe a bit to handle the ups and downs.
  •  Explore Your Platform's Features: Some platforms have nifty settings to handle slippage. Check yours out and tweak them if needed.
  •  Diversify Your Moves: Don't throw all your chips in one pile. Trading different things can spread the risk and ease the pain if things don't go your way.
  •  Stay in the Know: Keep an eye on what's happening in the financial world. Stay updated on news and changes to dodge any sudden moves.

And if you want to dig deeper into the slippage game, check out more info right here: Best Ways to Deal with Slippage in Trading.

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