General Trading Chat

wisp

Well-Known Member
Order execution time is 09:55. I had kept SL-M of 7911.8. Got executed at 7905.6. I have 3 min chart, in that chart it is 09:58 bar which triggered the short.
Because it was a low volume large bar, I assume, either there were no orders near your trigger price or more orders than could be executed between 7911 and 7905 before your order got executed. I could be wrong..Seniors may know more about this.
 
NF SL-M order of 7911.8 executed at 7905.7. Slippage of 6.2 points:confused:
Happened 1st time with me, 1 or 2 points is understandable, but 6.2 points is absurd. Could this be because of the broker's server speed.

SL-M = Quickly, Exit at any cost. so slippage is depends on Number of orders while your execution. If there is less order, less slippage. Vice versa.

If you are using SL-M, Ready for a nightmare slippage on a worst day.

So only the Stop order (which resembles like SL-M) is going to stop in US market.
 

Similar threads