why did i get filled at a worse price than i clicked
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clicked buy at a price, got filled like 2 pips higher. didnt change anything. is this slippage everyone talks about or did my broker just rob me. happens more during news
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thats slippage, and during news its mostly normal. price moves between you clicking and the order reaching the server, in a fast market that gap can be a few pips. its not automatically the broker robbing you. BUT if it always slips against you and never in your favour, thats a flag
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key test: does slippage go BOTH ways. real slippage sometimes fills you BETTER too (positive slippage). if you only ever get negative slippage and never positive over hundreds of trades, the broker is asymmetric and youre being skimmed. log it
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trading the news with market orders then asking why you slipped. the market giveth the news taketh
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how do i avoid it, limit orders?
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limit orders dont slip (you get your price or no fill) but you might miss the trade. market orders fill for sure but can slip. for news, either use limits or just dont trade the first minute of a big release. pick your tradeoff
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