Slow Fills on spread trading

[intercreate]

Has anyone experienced very slow fills on Tradefair spreads? I have found that the slow fills sometimes means may trade turns from positive to negative! I have also found that the price at which you clicked at is not always the price you get? Has anyone else experienced this on Tradefair specifically?

 

[hornblower]

I am unable to load up cmc charts
they do not seem to want to trade
I just wanted to have a look

 

[eltrot1979]

I'm new to spreadbetting and trading in general and have been playing about with a Tradefair demo account to see what its all about. The other day I put in a Buy order for US Crude March @ 89.63, but it got executed at 89.98. Any idea why that is? I thought the idea of putting an order in was so that you get filled at your desired price?

Rob

 

[fibbinstarchi]

I'm new to spreadbetting and trading in general and have been playing about with a Tradefair demo account to see what its all about. The other day I put in a Buy order for US Crude March @ 89.63, but it got executed at 89.98. Any idea why that is? I thought the idea of putting an order in was so that you get filled at your desired price?

Rob

Hehe, welcome to the world of spreadbetting. They want your money now!

 

[-oo0(GoldTrader)]

Slippage is any undesired movement.

Slippage
Really if you are going to play in this field you need to know what everybody else knows.

I have also found that the price at which you clicked at is not always the price you get?

Jesse Livermore got into this in Reminiscence's. You are placing an order for the future based on information from the past.

My brokers bought; not at the level that had made me turn, but at the prices prevailing in the Stock Exchange when their floor man got my orders.

There is a time lag between when you make up your mind and when the order gets to the floor. Even if it is electronic.

The other day I put in a Buy order for US Crude March @ 89.63, but it got executed at 89.98. Any idea why that is?

Things changed.

I thought the idea of putting an order in was so that you get filled at your desired price?

Did you use a limit order?

You run the risk of never getting in at all.

when a man gives an order to buy at the market he never knows what that stock is going to cost him until he gets a report from the brokers.

When you want in, you have to expect that you might get slippage.

orders have to be executed by somebody, and nobody living can guarantee how the market will be or how close the ticker's prices are to the actual prices on the floor of the Exchange.