Slippage

Slippage refers to the difference between the expected price of a stock market transaction and the price at which the transaction is actually executed. Slippage can occur at any time, but is most common during periods of high volatility.

It can also occur when a large order is executed but there is not enough volume at the selected price to maintain the current bid-ask spread.

By setting price limits, True Wealth ensures that trades are only executed at the specified (or better) price. This reduces the risk of slippage.