Price Slippage – A form of slippage focusing on the price difference. It occurs when the execution price of a trade differs from the intended price, due to rapid market movement or insufficient liquidity. In practice, “price slippage” is essentially the same concept as slippage. For example, a market order expected at 1.2000 might execute at 1.2010, incurring +10 pips of slippage (adverse price slippage). Forex robots often account for potential price slippage by using conservative entry levels or limit orders when precise pricing is needed.