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Browse the categories below to find what you need.
What is a market order?
What is a pending order?
What is the difference between market and pending orders?
What is a limit order?
What is a stop order?
What is a stop-loss order?
What is a take-profit order?
What is a trailing stop and how does it work?
How do stop-loss and take-profit orders work?
Can I modify or cancel an order after placing it?
How do I place a trade on MT4 or MT5?
How do I close a trade on MT4 or MT5?
Can I close a trade manually?
How do I modify an open position?
What happens when I close a trade?
Can I partially close a trade on MT4 or MT5?
Why was my trade closed automatically?
What is leverage in trading?
What is slippage in trading?
Slippage is the difference between the expected price of a trade and the actual price at which it is executed.
It usually happens during fast market movements or when there is low liquidity, causing orders to be filled at a slightly different price.
Slippage can be positive or negative, meaning you may get a better or worse price than expected. It all depends on the direction of your trade and the price where the next available liquidity is to fill your trade.
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