10 Sep 2010
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60MT - SLPPAGE AVOIDANCE
60MT - SLPPAGE AVOIDANCE
Solution
We use market orders on entry so that we do not miss a trade, for exits we use a free piece of software that places a profit target limit order at the same time as the entry, orders are processed on a first come basis and this way the limit orders are place as soon as possible.
We have had my profit target hit before the price has appeared on screen.
Our results show just 50% of the move and this allows for slippage/bad fills.
Article Details
Article ID:
51
Created On:
08 Nov 2005 10:19 AM
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