Execution
Automation, order types, slippage, and bridging the gap between backtest and live trading.
Key Concepts
- Automation as discipline — Bots execute rules; they don't replace judgment.
- Order types — Limit, market, stop — and when to use each.
- Slippage — The cost of getting filled at a different price than expected.
- Paper vs. live — Why paper trading results don't fully translate.