Set Slippage on Copy Trades
The Price Slippage setting lets you control how much the market price is allowed to move between when a trader opens a position and when your copy trade is executed. This ensures you avoid unfavorable entries caused by sudden price changes.
How It Works
Slippage is the percentage difference between the intended trade price and the actual execution price.
When you set a slippage limit (e.g.,
0.10%), your copy trade will only execute if the price change stays within that threshold.If the market moves more than your set limit before execution, the trade will automatically be skipped.
How to Set Price Slippage
Price slippage can be set up on both the:
Example
If you set Price Slippage to 0.25% and a trader opens a long position at $100:
Your copy will only execute if the actual fill price is between $99.75 and $100.25.
If the price moves outside that range before execution, your copy trade is skipped to protect you from excessive slippage.
Best Practices
Lower slippage (e.g., 0.05–0.10%) → Tighter control, but more skipped trades in fast markets.
Higher slippage (e.g., 0.50–1.00%) → More trades executed, but potentially less favorable fills.
Adjust based on market volatility and your strategy.
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