In financial markets, if you enter an order to buy or sell a particular stock or “product,” the order doesn’t necessarily fill at the price you wanted.
Slippage refers to the difference between the intended trade price, and the actual price. Or, what we thought would happen, and what actually happened.
When we learn new material, and intend to implement some changes based on this, we also set ourselves up for slippage.
What is the gap between what you intend to do, and what you actually do?
How can we learn more about this “slippage?” What is stopping us from closing this gap?
Well, slippage in the markets often is evident with big orders, or huge “asks” and lower liquidity (low capacity to fill the order).
So, reducing slippage cab start with making a smaller order.
What’s something we can process today?
What’s something small we can action now?
How can we set ourselves up for a new trajectory in the direction we want?
