Slippage handling methods for gold speculation : 1. Investors can choose to change platforms; 2. Currently, there are market price platforms and price limit platforms on the market. When the gold price jumps, the market platform will trade at the first price that appears, which is normal behavior. If investors cannot bear the risk of this slippage, they can choose a price limit platform. No matter how the price of gold fluctuates, the price limit platform strictly follows the price set by the investor and promises no slippage.
Although spot gold has high leveraged returns of 100 times, it also has corresponding risks. In the process of gold investment and trading, the price of gold fluctuates against the trend, and investors will suffer losses. Although investors can set a stop loss to reduce certain losses, when the gold price jumps against the trend, the trading platform slips and the stop loss is useless, and investors will suffer huge losses.
- What is slippage?
Slippage is when the trading platform does not trade at the price set by the investor. This setting price may be the pending order price, or the real-time transaction price, and of course, it may be the stop-loss and take-profit price. Slippage may occur in ordinary market times, but more often it occurs during jumps or gaps.
The main types of slippage
- Slippage of pending orders
There is also slippage of pending orders for fried gold . Investors cannot watch the market for a long time, and they are worried about missing opportunities, so they will choose pending orders. Under normal circumstances, the trading platform strictly follows the pending order price set by the investor. Some unscrupulous platforms manually manipulate the price, resulting in the price of the pending order transaction always being bought at a higher price and sold at a lower price. Because it occurs when the order is pending, it is called the slippage of the pending order.
- Stop Loss and Take Profit Slippage
Investors set a stop-loss and take-profit before the transaction, and the final transaction price deviates from the commission price, causing the investor’s profit to decrease or the loss to expand, which is called stop-loss and take-profit slippage. There is no gap in the market, the normal market has stop loss and take profit, and even the market price platform rarely has slippage. Therefore, using the market price platform as an excuse to respond to the slippage of gold speculation at this time is obviously also malicious speculation of gold slippage. Slippage of frying gold is also common with stop-loss and take-profit slippage.
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