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How does a trading platform's order execution speed impact trading?

» Trading Platforms and Tools
  • Fast execution speeds reduce the risk of slippage, thus potentially improving trade prices.
  • Quick order execution allows traders to capitalize on short-lived trading opportunities in volatile markets.
  • Delayed order execution can lead to missed entry or exit points, affecting trading strategies and profits.

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How does a trading platform's order execution speed impact trading?

So, been wondering how much the speed at which a trading platform executes orders really matters for trading. Like, if it's not super-fast, does it have a big effect on your overall profits or losses, especially if you're into quick trading styles like day trading or scalping? Anyone noticed significant impacts based on different platforms and their execution speeds? Would love to hear some firsthand experiences or insights on this. Cheers!

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