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Is My Forex Broker STEALING from Me? Understanding SLIPPAGE!

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"Is my broker stealing from me?" A question that many traders in the forex market ask themselves when their trades mysteriously get executed too early or too late. Many who are trading forex are not aware of the concept of slippage. Slippage is the difference between the expected price of a trade and the actual price that is executed. If not managed properly, it can end up costing you thousands of dollars! It might seem strange, why are exact stop loss or take profit targets not being respected? This is largely attributed to liquidity and the bid ask spread. Andrew Lockwood from Forex Signals is here to explain slippage, why it is important to be aware of it, and why you should plan for it in your trading plan. After this video, you'll be able to manage forex slippage like a pro, and might even be able to avoid it all together!

00:00 - Introduction to Slippage
01:32 - Slippage Explained
06:34 - Slippage and Stop Loss
09:34 - Slippage and Take Profit
10:33 - Understanding the Bid Ask Spread
12:00 - Where Slippage Occurs Most
17:21 - How to Manage Slippage
18:27 - Slippage Outro

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