Why Execution Quality Matters in Order Flow Trading
Understanding order flow is only one part of successful trading.
Execution quality also matters.
Consider these factors:
- Slippage during fast markets.
- Spread at the time of entry.
- Market impact of larger orders.
- Partial fills.
- Liquidity available at your intended price.
Even a well-planned setup can produce a poor result if execution is inefficient.
Your entry price is not always your execution price.
Do you track slippage and execution costs in your trading journal?
