We all know about the fees, the costs of the burst, but there’s a lot we don’t know.
For example, the slide point is one of them.
Everyone is generous.
They don’t care much about the slippage of trade orders, and many are vague about the slippage.
Let’s look at the slippage in detail.
Slide point slide point as the name implies is the unit price of sliding.
You found the right opportunity to buy at 1.1353, but ended up trading at 1.1359 with a 6 point slip.
If the market is right, target profit stop is 1.1387.
On closing, the trading price slipped to 1.1383, down another 4 points.
Could have made a profit of 34 points.
As a result, it only gained 24 points and lost 10 points, 100, due to two slips.
Opening and closing slip points are painful.
Traders will only give you the sentence “the market is too volatile, can’t help.”
Of course I understand your helplessness.
That’s why we need to know more about the slide point.
At what range is the sliding point normal?
Under normal circumstances, the slip point is less than 1 point.
If the market is volatile, the sliding point can reach dozens of points.
In special cases, it can also reach hundreds of points.
Some hui friends are easy to confuse slip point and point difference.
Although the two nouns contain the word “point”, they are still very different.
The concept of spread is the difference between each other, and this is the main transaction cost that we have to bear.
But slippage is an extra cost, and even some black platforms create slippage maliciously.
But in fact, the slippery spots are not necessarily bad for us.
There are positive slippage points if there is no human intervention.
For example, if you buy down, the result is a slide point up, and do not touch the safety line.
Obviously, you made a lot of money for nothing.
Generally, a slide will result in a partial loss of profits or trigger a stop-loss position, so that you can neither lose money directly on the trade, but also slide in a favorable direction.
The negative effects outweigh the positive ones because a large slip can upset our plans and make us feel uneasy.
Therefore, so can choose small slip point to fight for.
Cause of slippage Network problem This is your own fault.
Just like Double 11, you buy limited-edition discount shoes and your home network is occupied, causing the order to be submitted late.
With more than $6 trillion in volume every day, even a one-second market delay can make a big difference.
Dealer Server Instability In the form of a direct trading market, each trading platform will pass countless trade orders to the trading market.
One of the key players is the server.
If you encounter a card, unstable quotes are also the cause of server instability.
Large regular traders, in particular, will have more than three servers to ensure the stability of orders.
When there is significant fundamental news, the market swings wildly and the prices of some traded products “jump off the roof”.
Unless the dealer closes the deal, everyone can encounter it.
Not only does market volatility lead to downturns, it is also illiquid.
Inactive trading hours, such as Asian market trading hours or Saturday trading, and some inactive trading varieties, such as AUD/NZD, AUD/CAD, etc.
Human manipulation if encountered black platform, there will be a slippery point inside.
Occasionally, you can’t tell the difference.
But little things add up. Money adds up little by little.
1. Give yourself a smooth network environment;
2. Choose a reliable dealer platform;
3, do liquidity trading varieties, you can choose as a straight plate, or do gold and crude oil;
4. Pay attention to fundamental news every day and do not trade when there is important news;
5. Develop trading habits suitable for your level.
