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Slippage
Forex Basicsintermediate
Updated 1/15/2024
Definition
Slippage occurs when your order is executed at a different price than expected, usually during high volatility or low liquidity periods. It can be positive (better price) or negative (worse price).
Example
You place a buy order for EUR/USD at 1.1000, but due to fast market movement, it gets filled at 1.1003. This 3-pip difference is slippage.
Tags
#basics#execution#costs
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