Author Topic: Definitions of slippage  (Read 372 times)

tcima

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Definitions of slippage
« on: December 13, 2021, 08:56:06 pm »
Hello again,

Could anyone elaborate the definitions of the "Slippage" in the Trade History window?

I guess that it is the difference between two prices: the ones at the time of order trigger and actual execution.
Positive slippages are always good, regardless of the types of orders: long or short.
Am I correct?

admin

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Re: Definitions of slippage
« Reply #1 on: December 14, 2021, 03:45:10 am »
You are right. The difference is in position value (price * quantity)  rather than price.

tcima

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Re: Definitions of slippage
« Reply #2 on: December 14, 2021, 04:37:51 pm »
Thanks for your quick reply!

My slippages of executions have been mostly positive.
There seems to be no problem with the algorithms of your system and the IB's APIs.