Hi folks, I've only traded ES a little and am wondering the best way to enter orders. For instance I wish to trade a breakout system and naturally think stop orders could be set. However will I always get a fill at the stop price? What if I enter with a stop limit? What sort of fill rate should I get? Will I miss many trades? The other systems issue is when the market spikes. Is there any way to protect against erronous ones? Thanks JonnyT
Take this from an old timer: ES is very liquid so you will always get a decent fill ( at least an honest fill reflecting the then current market conditions) You could use stop limit orders to get in but do not use stop limit as a protective order because that way you may not get out of a trade when you would most want to.