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Slippage and Limit Orders

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Market Wizard
Gits (Hooglede) Belgium
Trading Experience: Master
Platform: NinjaTrader, Proprietary,
Broker/Data: Ninjabrokerage/IQfeed + Synthetic datafeed
Favorite Futures: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
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Posts: 2,965 since Sep 2013
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SuperBliss View Post
Hello, I am working on designing a trading strategy that I will eventually trade live. The strategy I am working on now will use limit orders and have stops as close as 2 to 4 ticks away from entry. I am looking at using the strategy on NQ, GC, CL and ES. My question is, if I am running the strategy from home using ninjatrader brokerage, how often can i expect my limit orders to not get filled if I trade 1 to 10 contracts? Or, if I use market orders what kind of slippage should i expect?

It depends where you will put that limit order.
For example if you put it behind a support/resistance, then the fill will be less likely than in front of that zone
same goes for the end of a rotation

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