Post
Topic
Board Trading Discussion
Re: Lost considerably more than my stop loss was set at – Bitget
by
sheenshane
on 12/05/2025, 22:35:05 UTC
I used to trade on Bybit and this kind of thing never happened there so I’m just trying to establish why this happened on Bitget? Is it because there are not many people trading ‘PI’ on Bitget
Is there evidence to support this conclusion?
IMO, PI is likely a low-liquidity coin on Bitget, indicating that there are fewer buyers and sellers at each price level. When you place a stop-loss order, if the price moves rapidly or gaps below your stop price, your order may execute at a less favorable price than anticipated, resulting in a larger loss.  This is most likely known as slippage in trading.

I believe you should consider using limit stop orders whenever possible or avoid low-liquidity pairs if you desire more predictable exits.