GlossaryOrders
Slippage
What slippage means when the market moves between intention and execution.
Plain-English definition
Slippage is the difference between the expected trade price and the actual executed price.
Why it matters
It becomes more serious when liquidity is thin or volatility is high.
Beginner example
An urgent order during a sharp move may fill worse than the quote that first caught your eye.
Common misunderstanding
Slippage is not just bad luck; it is part of real trading conditions.
In productOrder basics lessonsExecution risk education
Practice with Alpha Council
Why does slippage happen and when is it most dangerous?
Not Financial Advice
This learn page is for education and research workflow guidance only. It explains concepts, metrics, and analysis steps used inside Alpha Council. It does not provide personalized investment advice, guaranteed outcomes, or automated trading instructions.