Do you face slippage issues while placing the order?

[Dora_WalletInvestor]

Yes, unfortunately it happens.

 

[ele020]

Do you face slippage issues while placing the order? Any solutions how can slippage be avoided?

check your lot sizes. Higher lot sizes invite more slippage as you get the averaged price. Its better to place multiple trades of lower lot sizes rather than placing 1 large trade.

 

[JayJones]

check your lot sizes. Higher lot sizes invite more slippage as you get the averaged price. Its better to place multiple trades of lower lot sizes rather than placing 1 large trade.

Interesting. I did not know this.

 

[richardmarcus1509]

check your lot sizes. Higher lot sizes invite more slippage as you get the averaged price. Its better to place multiple trades of lower lot sizes rather than placing 1 large trade.

I tried this strategy and it surely did help me

 

[Alex Stone]

Тhat happens, but not often. No one is free from it.

 

[richardmarcus1509]

Тhat happens, but not often. No one is free from it.

yup i have learned that easiest way to counter it is to by placing trade on small lot size

 

[ele020]

Interesting. I did not know this.

This is one of the major factor a trader faces slippage provided your broker is a genuine one... The larger is your lot size, lesser is the possibility of getting an opposite trade in the market for the same lot size, thus the price your trade is executed is the average price clubbed from numerous small trades. This is something that occurs from the LP's end.

 

[ele020]

I tried this strategy and it surely did help me

Yes, it works most of the time. rest, its your fate.

 

[JayJones]

This is one of the major factor a trader faces slippage provided your broker is a genuine one... The larger is your lot size, lesser is the possibility of getting an opposite trade in the market for the same lot size, thus the price your trade is executed is the average price clubbed from numerous small trades. This is something that occurs from the LP's end.

Fair enough.
I use 3 brokers these days(REMOVED, REMOVED, REMOVED)

Spam Cat already warned you not to recommend brokers in General Forex Talk. You will now be boiled alive and server for Spam Cat's dinner.

NOM NOM NOM!

 

[Alex Stone]

yup i have learned that easiest way to counter it is to by placing trade on small lot size

I do the same.