Breaking down lots into smaller lots

Aug 26, 2013 at 20:18
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2 Replies
會員從May 22, 2012開始   23帖子
Aug 26, 2013 at 20:18
Hello Experienced traders,


I just have a quick question about the orders.
Say, you need to place an order of 10 lots.

Is it better to place ten 1 lot orders or just a single 10 lot order? (in terms of slippage)

Is there anyone who could give me an insightful comment on this?



Thank you,

AB
會員從Nov 21, 2011開始   1718帖子
Aug 31, 2013 at 11:44
If you have a good broker, I don't think you will suffer from slippage in case you want them all to be the same price.

Anyway, you do a test in real time with 10 ordres @ 0.01.

Like that you can set up easily differents TP.
pip2cash
forex_trader_8139
會員從Mar 04, 2010開始   423帖子
Aug 31, 2013 at 16:38
Hi,

I don't think 10lot will have problem with slippage. Either 100lot will not have such problem with an well established Forex brokers.

Regards,
SIM
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