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maxima120

Registered: Jun 2009
Posts: 281

10-02-12 01:27 AM

I know this happened first time in almost 4 yrs.. now i am questioning my sanity

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traderchi128

Registered: Feb 2012
Posts: 341

10-02-12 02:34 AM

Quote from maxima120:

I know this happened first time in almost 4 yrs.. now i am questioning my sanity

In HO and RBOB anything can be possible at times. RBOB was even worse today. During times when not much trading is going on the Bid/offer can drift way way away from the last trade. I haven't been trading them much lately as getting out of decent size positions has been a a bitch. I use stops a lot to exit positions, and in HO and RBOB the slippage can be beyond brutal.

It's not your sanity man.

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maxima120

Registered: Jun 2009
Posts: 281

10-02-12 07:50 PM

OK. false alarm!

it seems I just momentrily got confused when I got fill by mistake and when I looked at the fills I most likely saw order price which was that far away price, but the actuall fill price must have been correct.

I experimented today few times and it seems the limit orders are as they expected - filled at best available price rather than order price..

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emg

Registered: Feb 2010
Posts: 5294

10-02-12 08:15 PM

Quote from maxima120:

I thought Nymex futures (usual ones at least) using same FIFO as say ES.

May be I have hit a mental wall.. but..

I think if in ES say best bid is 1000 and and I place a sell limit order at 900 I will get filled at 1000 anyway (as it is the best available - isnt that what the limit orders are about?).

I normally am carefull with trading platforms but today i accidentally clicked on buy column while i was long .. somewhere way above best ask. and the order was filled at the price i clicked.. not best available.

cant find anything in the rulebooks..

could someone please explain whats so different with nymex?

HFTs are blowing u away

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maxima120

Registered: Jun 2009
Posts: 281

10-02-12 08:57 PM

No it was my mistake.

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INTELSSD

Registered: Jan 2012
Posts: 9

10-02-12 10:33 PM

Quote from emg:

HFTs are blowing u away

You are not normal ... really

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