What is Slippage and How to Prevent it?

It is a typical occurrence in forex trading, although it is often misinterpreted. Knowing how it happens in the forex market may help traders reduce negative slippage while possibly enhancing the positive one. These ideas will be discussed in this article to offer some insight into the mechanics of slippage in forex and how traders might lessen its negative consequences.

WHAT IS IT?

When a trade order is completed at a price that differs from the intended price, slippage takes place. This often happens when volatility is intense, and orders can’t be filled at the prices the customer wants.

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EDGE-FOREX

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