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Forex Smart Trade Results, Thursday, Dec. 29, 2022 – $6,716

Today’s-Forex-Smart-Trade’s-Trade-Results
Forex Smart Trade Results, Wednesday, Dec. 28, 2022 – $8,085
January 17, 2023
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Forex Smart Trade Results, Friday, Dec. 30, 2022 – No Trades Today – Slow Trading Day Because of New Years
January 17, 2023

Forex Smart Trade Results, Thursday, Dec. 29, 2022 – $6,716

Today’s-Forex-Smart-Trade’s-Trade-Results

What percentage of orders are executed with negative slippage?

What percentage of orders are executed with negative slippage?

Negative slippage is which is when your order executes at a less favorable price.

Shady brokers have software that allows them to sneakily slip traders very small amounts on every trade order.

It’s like “death by a thousand cuts” where traders don’t realize they are losing a couple of pips on each trade.

This is why you ask about their negative slippage stats.

Can the broker tell you the percentage of executed trades that were executed at a less favorable price than the price their customers requested?

And what is the average negative price improvement per order (in pips)?

This is defined by the pip difference between the requested and executed price of orders with the inferior price.

Market, Limit and Stop Orders

Market, limit, and stop can further break these down orders:

  • What percentage of market orders are filled at a less favorable price than requested?
  • They fill what percentage of limit orders at a less favorable price than requested?
  • What percentage of stop orders are filled at a less favorable price than requested?

For example, let’s say you are trying to buy EUR/USD at the price of 1.1270.

So on your trading platform, you enter a limit order with a price of 1.1270 and click “Buy”.

 

So 1.1270 is the price that you wanted your limit order to be executed at.

The order is submitted, and a couple of minutes later, you receive a confirmation that your buy order was filled at 1.1273 (3 pips below your requested price).

Because the order was filled at a worse price (1.1273) than you requested (1.1270), you experienced negative slippage of 3 pips.

If traders do check to see what spread and slippage they receive on a trade, it’s typically when the trade is OPENED and then they don’t bother (or forget) to check when the trade is closed.

Shady brokers are aware of this.

Since they know you’re probably watching when you open a trade, they’ll sit tight and won’t interfere.

But when the order is closed, that’s when they’ll sneak in the extra slippage.

Today’s-Forex-Smart-Trade’s-Trade-Results

Learn to Day Trade Forex

If you’d like to earn extra income trading on the Forex market, consider learning how to currency trade with Forex Smart Trade.   With their super-accurate proprietary trading tools and best-in-the-business, personalized one-on-one training, you’ll be successful.  Check out the Forex Smart Trade webinar.  It shows one of their trader’s trading and how easy, intuitive, and accurate the tools are.  Or try the Forex Smart Trade 14-day introductory trial for just TEN dollars.

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