# Slippage-settings

Between the moment you submit your order and the moment it is confirmed on the blockchain. Slippage settings allow you to define the maximum percentage price variation you are willing to accept.

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**How to Adjust:**

1. Go to the `/settings` menu.
2. Select the "Slippage" option.
3. The bot will present predefined slippage options (e.g., 0.5%, 1%, 5%, 10%) or allow you to enter a custom percentage value.
4. Click the button corresponding to your choice.

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**Example Text (As Provided):**

> "Slippage\
> 💡Click the button to set your desired slippage amount"

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**Considerations:**

* **Low Slippage (e.g., 0.5% - 1%):**
  * **Advantage:** Protects you from large unexpected price swings; you will get a price very close to the expected one.
  * **Disadvantage:** In very volatile markets, your transaction is more likely to fail if the price moves beyond your tolerance before execution.
* **High Slippage (e.g., 10% - 50%+):**
  * **Advantage:** Increases the likelihood of your transaction being executed successfully, even in volatile market conditions (useful for sniping or quick sales of low liquidity tokens).
  * **Disadvantage:** You may end up buying at a significantly higher price or selling at a significantly lower price than expected.

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**Recommendation:**

* For established tokens with good liquidity, a lower slippage (0.5% - 2%) is generally sufficient.
* For token launches, sniping, or tokens with low liquidity and high volatility, a much higher slippage (15% - 70% or more, as suggested by Nova) may be necessary to ensure execution, but be aware of the risk of getting an unfavorable price.

Adjust the slippage based on the specific token, market conditions, and your risk tolerance.


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