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April 5 - Iranian media reported on Saturday that the Central Command of Irans Hatem Anbyah stated that Iraq will not be subject to any restrictions on passage through the Strait of Hormuz, indicating that Iraq will receive preferential treatment as Tehran strengthens its control over this strategic waterway.On April 5th, air raid sirens sounded in Jerusalem and several other areas in central Israel on the evening of the 4th local time. Multiple interceptor missiles were seen being launched into the sky in Jerusalem, followed by several loud explosions. Israeli authorities stated that the latest round of missile attacks by Iran against the Jerusalem area caused no casualties; this was Irans seventh missile attack that day. The Israeli military stated that one missile landed in an open area, while the remaining missiles were intercepted by the air defense system.On April 5th, the Public Relations Department of the Iranian Islamic Revolutionary Guard Corps (IRGC) issued a statement on April 4th, saying that tribal members in the Iranian mountains shot down two Black Hawk helicopters on April 3rd. The IRGC expressed its gratitude for this action. The statement said that tribal members in Kogyroye-Boyeh-Ahmed province and Bakhtiari region acted independently, effectively striking the two Black Hawk helicopters in remote mountainous areas far from where Iranian armed forces are deployed. The two helicopters were attempting to rescue the pilot of a U.S. F-35 fighter jet that had been shot down earlier.Israels rear command detected Iranian missile attacks targeting Jerusalem and the southern Israeli city of Ashdod.The Israeli military has detected a missile launch from Iran, and its defense system is currently intercepting it.

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.


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