i started not using slippage control on Stop and Limit orders, so as to ensure getting filled (Dukascopy Suisse). So have my trading friends, in our pursuit to understand if Dukas is a reliable venue.
The result, on my account, has been a slippage that has varied between 2.10 pips to 4.12 pips on both London and New York sessions (the most volatile time was 30 minutes before London close) on EU, EJ and Cable.
I don't trade market orders. It doesn't fit into my trading plan. So all those who say slippage is not a problem...Ignored
I saw this one the previous week.
It's a major pair; No slippage control on the order; London Session (but beyond opening, no major news); it's a tick chart; the red line was the stop order; The blue line below is where the order was filled: 4.48 pips away.
Now w/ slipage control, orders don't get filled and turn to limit orders. Without slipage control its mayhem.