Hello guys, is there any difference between gaps and slippage in the markets? and if any I’d appreciate any clarifications.
Gaps are classically differences in price between when a market closes and when it re-opens. In forex the only true gaps are across weekends.
Occasionally price “jumps” from pone level up or down to another very quickly and no prices print in between the two levels. These are not true gaps in the technical analysis sense but they obviously affect trading
Slippage is the difference between the price you asked your broker to do something and the actual price they achieved for you when they did it.