Slippage

Definition

Slippage in plain English

Slippage is the gap between the price you THOUGHT you'd get and the price you ACTUALLY got. Prices move constantly, so in the split second between hitting 'buy' and the trade filling, the price can shift — like reaching for the last $5 concert ticket only to find it's $6 by the time you grab it. It's worst during fast, jumpy markets, especially with stop orders that fire automatically the moment things are already moving hard.

Learn these first

• Break-even stop
• True Range (TR)

Related Volume Profile Analysis terms

• Ask
• ATR (Average True Range)
• Auction Market Theory
• Below value
• Bid
• Break-even stop
• Buying tail
• Day type
• Excess
• Excess high / Excess low