EUR/USD 1.15678
0.343%
Gold 4376.09
0.578%
Oil 81.485
1.319%
USD/JPY 159.356
-0.090%
GBP/USD 1.35343
0.362%
GBP/JPY 215.682
0.268%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
August 17th - According to the Financial Times, JPMorgan Chase (JPM.N) CEO Jamie Dimon spoke with UK Chancellor of the Exchequer Healy by phone last week, warning him against raising taxes on the banking sector. The UK government is currently considering imposing new taxes on banks ahead of the October budget. Dimon stated that an uncompetitive tax system could weaken Londons status as a financial center, potentially leading to an outflow of capital and financial jobs from the UK.According to Al Jazeera, the Speaker of the Iranian Parliament stated that we must reach a level of deterrence to avoid falling into a cycle of war, peace, and then more war.Market news: Stripe is about to acquire artificial intelligence company OpenRouter for more than $7 billion.August 17th - According to Politico, U.S. Attorney General Todd Branch said on Sunday that he is willing to disagree with the president on legal issues. He emphasized that Trump wants cabinet members to disagree with him when necessary. When asked if he could reject the presidents preferred course of action if his legal opinion differed from the presidents, Branch said, "I think he would expect me to tell him no." However, he did not commit to the Justice Department always acting independently of the White House. "No, I would not make that commitment," he said, "and no attorney general should make that commitment."Iranian media outlet Fars News reported that the Deputy Political Commander of the Iranian Revolutionary Guard stated that while their operations have so far been defensive, they may shift to an offensive posture in the future. The armed forces will adopt transformative strategies and take any action necessary to defend the country.

Slippage definition

LEO

Oct 25, 2021 13:27

What is slippage?

Slippage is the term for when the price at which your order is executed does not match the price at which it was requested. It occurs when the market moves against your trade and, in the time it takes for your broker to process the order, the original price set is no longer available.

Slippage can happen at any time, due to two main reasons. The first reason is high volatility in the market. If there is a sudden movement of price beyond your stop order, the trade may not be closed in time and the stop may not be triggered at the level at which it was set. The second reason is that there is a gap in the market – this is when the market moves sharply up or down with little or no trading in between.


Examples of slippage

Say you have a short position on GBP/USD with a stop set at 1.360. Before the market closes on Friday evening, the price is trading at 1.350, but over the weekend, some breaking news causes the market to rise. When trading resumes on Sunday evening, the price is much higher, and the best available price is above your stop – at 1.365. This means the stop order will be filled at the new, higher price.


Suggestion