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Breaking down lots into smaller lots
Aug 26, 2013 at 20:18
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2 Replies
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
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
Member Since Nov 21, 2011
1601 posts
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.
Anyway, you do a test in real time with 10 ordres @ 0.01.
Like that you can set up easily differents TP.
forex_trader_8139
Member Since Mar 04, 2010
411 posts
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
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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