What is Slippage and How to Avoid It? 😟🙂 скачать в хорошем качестве

What is Slippage and How to Avoid It? 😟🙂

✅ Trade with our Sponsor Broker: Trade Nation http://www.financial-spread-betting.c... ✅ Check our website: http://www.financial-spread-betting.com/ ✅ Please like, subscribe & comment if you enjoyed - it helps a lot! What is Slippage? http://www.financial-spread-betting.c... PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Slippage is basically when your order is filled at a price that differs from the price you requested. Slippage is extremely common on stop orders; the degree of slippage is generally determined by how fast the market is moving when it hits your stop price. If you have an order to buy Soybeans at 663.00 on a stop (with the market below that price), when the price trades up and into (or past) 663.00, your order converts to a market order and you get filled at whatever the market will take. If the market moves up past your stop order, you'll probably get filled higher than 663.00. THAT is slippage, where you had a target price but you didn't get it. Is the market obligated to get your price on a stop? No; your stop price is what triggers the market order, and because the order is a market order, you get whatever price the market assigns you. Can you get a good fill on a stop order? Sure; suppose at the instant somebody filled an order to go long one contract of next year's Soybeans at 663.00, another order came in to sell 2,000 contracts at the market. Your stop order, triggered by the trade at 663.00, will likely get filled a little lower than your stop price. Do you call a fill at 662.00 on a 663.00 stop slippage? No; you call that "an exceptional fill" because you're happy. The one and only way to avoid slippage is through the use of limit orders, where you say "Buy Soybeans at 663.00, no higher," or, "Buy Soybeans between 663.00 and 663.50" depending on what side of the market you're on. Then, you're demanding a specific and limited price, and you CAN'T get slippage on that because you've pre-declared the worst price you're willing to accept. Of course, you might not get filled at all if no one is willing to buy or sell at your required price, but if you do get filled, it has to be at your limit price or better. If you put in a limit order and your broker has the temerity to call you with a fill that's worse, have him go back and get the correct information because somebody made a mistake. ✅ Our channel sponsor for this month are Trade Nation meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider. Trade Nation offer the popular MT4 platform as well as an easy-to-use web trading platform with fixed spreads. Sign up with Trade Nation: http://www.financial-spread-betting.c... 📜 Disclaimer 📜 81.7% of retail investors lose money when trading CFDs and spread betting with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Related Video What is Slippage in Forex Trading?    • What is Slippage in Forex Trading? 🤔