What is slippage?Slippage is when your order isn't precisely filled due to the absence of a matching order at that specific price point in the order book. As a result, your trade will be executed at the closest available price.
Question
What is slippage?Slippage is when your order isn't precisely filled due to the absence of a matching order at that specific price point in the order book. As a result, your trade will be executed at the closest available price.
Solution
Slippage occurs when an order cannot be filled at the desired price because there is no corresponding order available at that specific price point in the order book. As a result, the trade is executed at the nearest available price instead.
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