I keep missing my trade with limit orders on nasdaq stocks using IB best bid/offer. I'm wondering how risky it now is to place market orders on these trades which are, for me are always high volume nasdaq stocks. If I decide to use market orders would I be any better off using one of the ecn's and in that case which ecn would give me the best fills. I'm a scalper and I need to get in quickly to be profitable. All replies will be greatly appreciated. regards
There was a time I spend a lot of time scalping similar stocks with IB. I found their SMART market routing to be the best option and my slip averaged *better* than by backtesting so I was quite pleased. JB