moonchild
VIP Contributor
We might all be victims of slippage, but we might not have noticed, slippage occurs when the price you execute isn't the one that is booked for you, must slippage occurs due to volatility, when there are a lot of volatility like people are placing orders, and there are news coming out, in short when a currency is in it's rush hour.
When slippage occurs you don't even notice but when you notice you can report to your brokers and they will return your stakes and also, I have only noticed slippage once but I didn't even bother with it, because the price difference is very negligible.
You can also experience slippage when the stop loss exit your position not at the price you input, you see this a lot when you trade synthetic indices, especially boom and crash, when you put in your stop loss and a boom or crash happens, you will be exited with slippage, this is as a result of volatility.
To avoid slippage make sure you enter the market at non Volatile times, or when there are news releases, you can also neglect slippage because they're not that significant, especially when you're trading with a small account.
When slippage occurs you don't even notice but when you notice you can report to your brokers and they will return your stakes and also, I have only noticed slippage once but I didn't even bother with it, because the price difference is very negligible.
You can also experience slippage when the stop loss exit your position not at the price you input, you see this a lot when you trade synthetic indices, especially boom and crash, when you put in your stop loss and a boom or crash happens, you will be exited with slippage, this is as a result of volatility.
To avoid slippage make sure you enter the market at non Volatile times, or when there are news releases, you can also neglect slippage because they're not that significant, especially when you're trading with a small account.