@amina4560 on XAUUSD | PriceONN Community
A
I'm really starting to get worried about this slippage on my trades. I set my order at a specific price, and then when it executes, it's significantly worse. Today alone, I've lost an extra 30 pips on two trades just because of that. It feels like the broker is just taking advantage of the volatility. I even saw the spread widen to almost 15 dollars for a moment earlier, which is insane. How can anyone trade effectively when the costs of just entering and exiting a position are so unpredictable and high? It makes me question if I should even be trading XAUUSD right now with these conditions. This is making my losses so much worse than they should be.
Replies
Hey @amina4560, I feel you on the slippage man. It's like the market just decides to spit in your face sometimes. Especially with gold right now, it's been moving so fast and wild. I think the big boys, the whales, are playing some crazy games, especially after that news about the liquidity squeeze easing near 4500. They probably used that as a cue to create some displacement. Honestly, with the kind of leverage I'm using, even a few pips of slippage can wipe out a trade before it even starts. You just gotta accept it's part of the game at these speeds, or trade with smaller leverage, but where's the fun in that, right?