Slippage ?

Discussion in 'Strategy Development' started by Sky123987, May 29, 2008.

  1. If you're entering in limit orders when you get a trigger. What is the difference between the "close" and the price you get filled @, if you move up / down your limit order.

    I know if I use market orders for the stocks I trade. Normally ones that do 1 to 3 mil / day. my slippage is .1% (round trip).

    I wonder what you can get this down to if you use LMT orders
  2. yobo


    Not sure about your question, but how do you trade that many shares per day? Are you using an automated program? Also curious what your basic strategy is?

    This come from a guy that only does about 10k shares per day.