Slippage - Equity Futures intraday

Trading
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Im a equity futures intraday trader. How can i avoid slippage problems.

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slippages are part of the game, accept it as it is.
@zerodha just introduced Market protection use that to minimize slippages.

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  1. Use of Limit Orders over Market Orders
  2. Trading Highly Liquid Contracts
  3. Avoiding Trades Near Market Open and Close
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Interesting. thanks for sharing.
Searched and read about it in this article.

IIUC, with the “Market Protection” feature enabled, one places a Market order and if the price moves outside the predefined % protection range, the order is immediately converted into a Limit order at the predefined protection price.

One other thing i would like to understand is
what is the advantage of

  • this “Market order + Market Protection” approach
    compared to
  • directly placing a Limit order at the predefined protection price itself?

(any possibility of faster-execution / better-price / something else that a limit-order cannot achieve?)

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Follow my reply on other thread, you will have more clarity.

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Not quite sure which thread you are referring to. Can you please link? Thanks.

Searching for your posts containing “slippage” or “market protection”,
found this post and this other post.

Both appear to be the same for slippage.
If anything, a Limit Order appears to be more customizable compared to the “Market Protection” feature.

Is “Market order + Market Protection” better in any aspect(s) compared to a “Limit Order” ? :thinking:

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