POLL: What's Your Slippage?

if you stop to think, obviously the poll has nothing to do with one trade. It has to do with an average. Kapish?

 

hah, good thinking. My brain was obviously too stupid to figure that one out.

 

Another stupid poll by a non-trader that makes no sense. What were you thinking?

 

I trade stocks > 20 averaging ~ 2 million shares.

I keep data on this. My slippage is 0.032%.

 

Do you really want to put to a vote to traders who actually trade, whether they think slippage is important or not? do you also think they consider things like commission or reliability of brokers as unimportant? Perhaps they conisder trade and money management as unimportant?

But from a newbie as yourself, I can see why you don't grasp the concept. As a paper trader, you don't need to consider such things. You are almost profitable on paper. Good show!

 

In a normal moving market I deal with .50 - 1.00 tick slippage trading ES( 125-200 lots per trade, but i break them down to smaller orders which helps me combat slippage a lil. Just wish Ninja would offer more order types for breaking down larger sizes, they dont even offer the common iceberg order.

 

that idea of a few ticks slippage does not apply to most commodites

 

"Futures exchanges establish a minimum amount that the price of a commodity can fluctuate upward or downward. This minimum fluctuation (trade increment) is known as a tick or commodity tick. Hence, a tick is any fluctuation in the price of a security."