Orders and execution · Rookie
Slippage
What does Slippage mean?
Slippage is the difference between an expected execution price and the actual fill. It can improve or worsen the result and can also occur in simulated environments.
Example
An intended buy near 100.00 fills at 100.10, increasing the entry cost.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
Include execution uncertainty when placing stops close to a program’s loss threshold.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.