The problem as I see it is what type of order to place. If I use a stop limit then I can limit my slippage to say one "point" -- but at the risk of missing the runaway trades that are the most profitable (for example when it gaps past your stop limit price and never looks back). On the other hand you run the risk of the traders running your stop and then immediately reversing, which is what they did to me. Since I decided the contract is too big for me anyway, I'm going to switch to the mini futures which (as far as I can tell) only trade on ECBOT.... SSB
here is a hint for you A: either practice with SLV trading 100 - 200 shares at a time MAX position ... you can even scale in using smaller shares ... ( i.e. 25 - 50 shares ) using limit orders or if you must trade futures use mini futures 1-2 contracts using price limits on your orders and watch the action in SLV real time if you can believe me ... if SLV drops 50 cents and it is not a "bad print" silver futures will be dropping a few cents too