Definition of 'Slippage'
If the trader is trading an electronic market through the internet then this is more likely to happen with slower connections because it means that the trader's order will take longer to get the market.
In rare cases slippage can be positive when the market touches the trader's stop price (triggering the stop order) and then trades back up. By the time the trader's order is received by the exchange the market price is better and the trader exits with positive slippage.
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