Breaking down lots into smaller lots

Aug 26, 2013 at 20:18
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2 Replies
Biedrs kopš   23 ieraksti
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
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
Biedrs kopš   423 ieraksti
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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