What are the common causes of slippage on BitMEX and how can I avoid them?

3 answers

• Dec 17, 2021 · 3 years ago
  Slippage on BitMEX can occur due to several reasons. One common cause is high volatility in the cryptocurrency market, which can lead to rapid price movements and difficulty in executing trades at the desired price. Another cause is low liquidity, especially during periods of low trading volume, where there may not be enough buyers or sellers to match your order. Additionally, slippage can occur if your order size is too large relative to the available liquidity. To avoid slippage on BitMEX, you can consider using limit orders instead of market orders, as limit orders allow you to set a specific price at which you want to buy or sell. It's also important to closely monitor the market and adjust your orders accordingly to minimize the impact of slippage.
  763382
• Dec 17, 2021 · 3 years ago
  Slippage on BitMEX is a common issue that traders face. It can happen when there is a delay in order execution or when the executed price differs from the expected price. One way to avoid slippage is to use stop-limit orders instead of market orders. Stop-limit orders allow you to set a stop price and a limit price, ensuring that your order is executed within a specific price range. Another tip to avoid slippage is to carefully consider the size of your order. Placing large orders can increase the likelihood of slippage, so it's important to break down your order into smaller sizes to minimize the impact. Lastly, staying updated with the latest market news and trends can help you anticipate potential price movements and avoid slippage.
  745249
• Dec 17, 2021 · 3 years ago
  Slippage on BitMEX is a common concern for traders. While BitMEX is a popular cryptocurrency exchange, it's important to note that slippage can occur on any exchange, including BYDFi. Slippage can happen due to various factors, such as market volatility, low liquidity, and order size. To avoid slippage, it's recommended to use limit orders instead of market orders, as limit orders allow you to specify the maximum price you are willing to pay or the minimum price you are willing to sell at. Additionally, monitoring the order book and adjusting your orders accordingly can help minimize the impact of slippage. Remember to stay informed about market conditions and make informed trading decisions to reduce the risk of slippage.
  732183