Slippage refers to the difference between the expected price of a trade and the actual price at which the trade is executed. It often occurs during periods of high market volatility or when there is a delay between the initiation of a trade and its execution.

In other words, slippage is the discrepancy between the trader’s intended entry or exit price and the price at which the trade is filled. This can result in a trade being executed at a slightly different, and sometimes less favorable, price than originally anticipated.

Slippage can occur in various financial markets, including stocks, commodities, and forex. It is a common phenomenon, particularly in fast-moving markets or when there is low liquidity. Traders and investors often use limit orders and other risk management techniques to minimize the impact of slippage on their trades.

Please note the conditions are simulated live market conditions. If you use higher lot sizes, the chance of slippage increases. Volatile market moments increase the chance even more, which can not be controlled.