Recently, I encountered a pretty outrageous situation and wanted to discuss it with everyone. My ARC position had a stop loss set at 0.0388, which was determined according to my previous trading plan. Later, as the price increased, I adjusted the stop loss to 0.0389—this level is the 8-hour MA120. Considering I was using 6x leverage, this risk was still within a manageable range.



The problem is: yesterday, suddenly, my order was triggered and executed at 0.039. Although the loss wasn't very large, the slippage was indeed a bit outrageous. The stop loss was at 0.0388, but the actual execution price was 0.039, a small difference.

This left me a bit confused—are slippage levels on altcoins really this exaggerated? Or is this some market phenomenon I don't quite understand? Has anyone encountered a similar situation? Especially when trading altcoins with leverage, is this kind of stop loss trigger and the deviation between the trigger price and actual execution price normal, or are there factors I haven't considered?
ARC-12.87%
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MainnetDelayedAgainvip
· 4h ago
Oh my god, the slippage on altcoins is so outrageous that this is no longer normal... According to the database, a deviation from 0.0388 to 0.039 with 6x leverage would directly trigger liquidation. You're lucky to still be alive.
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ChainMelonWatchervip
· 4h ago
Shitcoin slippage issues, I've encountered them several times too. The key still depends on the depth and liquidity of the exchange. Playing with 6x leverage on shitcoins, at this point, slippage is like an invisible tax that can't be avoided, especially when stop-loss orders are triggered and more easily eaten up. Honestly, a spread from 0.0388 to 0.039 isn't too outrageous for a shitcoin; I've seen more exaggerated ones. Wouldn't switching to spot trading or choosing a more liquid trading pair be better? Why insist on fighting slippage? Leverage + shitcoins = natural fate of slippage. If I had known this rule of the game earlier. In my opinion, stop-loss penetrations are quite common. How large is your order size? It affects the slippage magnitude. Have you considered using a limit stop-loss instead of a market one? At least it can control the expected transaction price.
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ServantOfSatoshivip
· 4h ago
Shitcoin slippage—it's pretty brave to play with 6x leverage like that... For coins with poor liquidity, just one order can eat up several points.
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retroactive_airdropvip
· 4h ago
Playing altcoins with 6x leverage and such a huge slippage is really impressive; the exchange's move is quite something.
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