Pending Order

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Hi all,

Does sending my Pending Order to the Broker first means my PO will get executed first compare to those that send later with the same pricing?

 
  1. The pending has the slight advantage, A) you are closer to the top of the queue (filled quicker), B) there's no round trip network delay (filled quicker.)
  2. Don't worry about it unless you're scalping M1 or trading news.
  3. Humans can't watch the screen 24/7, so they use pending orders; EAs can, so no need for pending orders, have it wait until the market reaches the trigger price and just open an order.
 
William Roeder #:
  1. The pending has the slight advantage, A) you are closer to the top of the queue (filled quicker), B) there's no round trip network delay (filled quicker.)
  2. Don't worry about it unless you're scalping M1 or trading news.
  3. Humans can't watch the screen 24/7, so they use pending orders; EAs can, so no need for pending orders, have it wait until the market reaches the trigger price and just open an order.
I have slips with my broker. I'm seeking options to minimize this.

I hope by being on top of the queue can mitigate a bit?
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