#Liquidity101
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Liquidity is a fundamental element in any successful trade, and many people may not pay attention to it, especially beginners. The first time I entered a currency with low trading volume, I thought it was an opportunity because it was cheap, but when I tried to sell, I couldn't find buyers, and the price slipped significantly against me. Since then, I always check the trading volume and the depth of the order book before any entry. High liquidity means faster execution and less price slippage, while the opposite causes harmful price slips even if I am entering with a small amount. Now, I monitor pairs that have high trading volume and avoid entering currencies that have short active periods, especially during times of volatility. If I feel that liquidity is weak, I use limit orders and do not rush into a market order, because the price difference at that time can eat up all the profits or even turn the trade into a loss without justification. Liquidity is important, not just for execution, but also for peace of mind during trading.