Friends, please comment the slippage that you encountered and don't forget to tell exactly when, what instrument (short or long), and what broker and platform. This way we can share this important data and compare our trading condition.
*Slippage is the difference between the price of the order and the actual price at which the order is filled. Big slippage can happen during high volatility and low liquidity moments.
"Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected" - George Soros
It's good idea, but why do you make so much big emphasise on that when we talk about that trading anyway. .... Can we go out further without that being compromised or something like that happens.... I do not see that issue so much of a problem.
Vozil559 posted: It's good idea, but why do you make so much big emphasise on that when we talk about that trading anyway. .... Can we go out further without that being compromised or something like that happens.... I do not see that issue so much of a problem.
It become big issue when you trade at volatility market like important news release.
Slippage usually happens during big economic events. Due to sudden spike price jumped and your take profit or Stop loss got slipped. In good broker you get less slippage as they have good liquidity providers. You better find a good broker.
Slippage happens usually during big news event. When market moves a lot. Slippage occurs when there is a change in the bid/ask spread. A market order may get executed at a less or more favorable price than originally intended when this happens.
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