Unfortunately, slippage is unavoidable. However, you can take steps to reduce the impact.
- Use limit order: Set a specific buying or selling price to ensure your order is executed only within that range, reducing the chance of slippage.
- Avoid trading during high volatility: When the market is highly volatile, the probability of slippage will also increase. So, it's best to avoid trading during those times.
- Choose high liquidity markets: Trading in high liquidity markets can reduce the occurrence of slippage. These markets typically have more investors, resulting in faster order execution and smoother price movements.
- Use VPS: Trading with a VPS helps cut down on delays in data update, lowering the chances of slippage during price fluctuations.
