I have been trading with a broker for quite a good time. Initially I haven't noticed but gradually I started to observe some things:
When I try to open an order, if the market is moving Fast or Volatile, then if my order is to the moving direction,
the order doesn't get opened due to Slippage and I have to reroute.
But if that trade is in Opposite direction of the Market, it got opened Instantly! No Slippage even though the Market as Volatile as the Previous case.
Sometime the Order Execution time is normal but sometime it becomes very Lengthy and if in the mean time the market moves towards the trade's direction,
then it doesn't get opened.
So how to explain this? Is this Normal and Valid behavior?
Is this Broker working against traders?
When I try to open an order, if the market is moving Fast or Volatile, then if my order is to the moving direction,
the order doesn't get opened due to Slippage and I have to reroute.
But if that trade is in Opposite direction of the Market, it got opened Instantly! No Slippage even though the Market as Volatile as the Previous case.
Sometime the Order Execution time is normal but sometime it becomes very Lengthy and if in the mean time the market moves towards the trade's direction,
then it doesn't get opened.
So how to explain this? Is this Normal and Valid behavior?
Is this Broker working against traders?