My slippage is generally no more than a couple of cents. It's not much of an impact at all. I do attempt to account for slippage with my position sizing but I don't consider commissions in my position sizing calcs. Mike
Hi all! I have been reading and enjoing this thread all weekend. Good stuff! Ok, i have a suggestion to post your dummies' watch list every morning and duscuss it through trading hours. Would be great to talk with dummies' traders here and learn more about trading them. My watch list for morning: SEBL, EBAY. Good trading all!
I'm not expecting much movement out of SEBL. Isn't the buyout pegged at 10.66? ORCL might move around though...
Finally one dummie for me today short MRH @26.72 (break down of inside bar). Cover half @26.30. Stop b/e on rest. Nice!
vlad, could you post a chart? I'm not seeing the break down of inside bar at $26.72 that you mention. Maybe I'm looking at a different time interval. Today's dummy is on the TSX (toronto): CRS was a stock in play due to several things, they are changing their legal structure from a corp. to trust, announced recent earnings and govt is making noises about regulating their market. It fell very hard yesterday (40%!). After a small gap down it traded sideways for a bit this morning and then went into a clear downtrend channel.
Hi Babak! Here is my yesterday's chart of MRH. I looked at 15 min candles. I mark candle that i think was inside candle. Please let me know if something wrong with this. Thanks for your replies guys!