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Slippage

Discussion in 'Traders Glossary' started by Administrator, Jun 21, 2008.

  1. Administrator

    Administrator Just Administrator :-)

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    You place (or close) an order at a certain price. Your broker fills your order at a worse price (the price "slips") and blames it on fast moving market conditions. Some brokers do this and only hit you for a few pips. Others will burn you for 20, 30, or even more.
     
    #1 Administrator, Jun 21, 2008
    Last edited: Jun 25, 2008

Y

y/y

Z

ZEW

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