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Glossaire du trading

Slippage

Basics

Ce que ça veut dire

The difference between the price you expected and the price you actually got. It happens when price moves between your click and your fill.

Exemple

You click buy on a fast-moving stock at $100.00, but the fill comes at $100.30. The $0.30 gap is slippage -- on 1,000 shares that is $300 gone before any profit.

L'erreur des débutants

Beginners use market orders in volatile stocks and act shocked by slippage. Slippage is not a broker scam; it is the math of demanding instant fills in fast markets.

Termes liés

  • Fill — The moment your order is matched and executed. The fill price is the actual price you got,…
  • Execution — The whole process of getting your order filled: routing it, matching it, and reporting the…
  • Liquidity — How easily you can buy or sell an asset without moving its price. High liquidity means lar…

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