Modify Position and Slippage

davidp13
10 Oct 2016, 11:57

Sorry, maybe I need to write better: Lets try again...

When you execute a new position you can choose slippage, but when you modify a position you cannot. Why is this so?

croucrou
23 Oct 2016, 18:35

Slippage is taken under consideration in the process of executing of new position.

After the position is already opened, it serves no purpose.

kricka
26 Oct 2016, 21:45

Slippage concerns

One way to find out if there is any excessive slippage on a position is to run the Bought and Sold cBot. When a position is sold off it will give all the information at what price the position is sold off at, and by comparing this with the stop loss and the target selected when the order is placed, the information is given to the trader what the actual slippage is when the position is closed.

Try it out, its free to download and use for the trader!

Download and information link: Bought and Sold cBot