YM Stop Slippage.

Discussion in 'Index Futures' started by Businessman, Aug 28, 2005.

  1. Im planning on trading YM on ECBOT, i notice it doesnt have
    native stop or stop limits like the globex instruments which i also

    I will initially be starting with 5 lots and working my way up.

    How much slippage can I expect to get trading a mechanical
    system which will be using IB simulated stop limits for entry and
    exit (one or two entries per day).

    With globex native stop orders i rarely get slippage, probably
    once every 5 or 10 trades.

    I will only be trading in normal trading hours and i will be using
    stop limits to avoid getting hit by those 50-150 pt spikes that
    happened last month. (My limit will be about 30 pips from the stop).