Slippage - Index Futures Trading | futures.io
futures.io futures trading


Slippage
Started: by Raider Views / Replies:89 / 3
Last Reply: Attachments:0

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Reply
 
Thread Tools Search this Thread
 

Slippage

  #1 (permalink)
Elite Member
Canada
 
Futures Experience: Intermediate
Platform: NinjaTrader & Jigsaw
Broker/Data: Rithmic
Favorite Futures: ZB & ES
 
Posts: 39 since Dec 2016
Thanks: 28 given, 24 received

Slippage

So I recently went live, and I've realized I've been getting a lot of slippage (I think). If you're trade ES during a liquid period, then when you limit into a trade and market order out of it (click close on NT) shouldn't you be out at market or do you effectively pay spread? For example if enter at 2000.00 and then it goes up to 2000.25, Click close, then the trade is closed at zero profit. It's happened so often I'm not sure if it's slippage or if you pay spread exiting on a market order?


Sent from my iPhone using futures.io

Reply With Quote
 
  #2 (permalink)
Market Gizzard
san fransisco, CA/USA
 
Futures Experience: Beginner
Platform: SC
Broker/Data: Looking....
Favorite Futures: CL, ES
 
jackbravo's Avatar
 
Posts: 745 since Jun 2014
Thanks: 1,469 given, 1,025 received
Forum Reputation: Legendary

You pay spread in both directions, even with a limit order. Limit buy fills when ask price trades down to your order.

Sent using the futures.io mobile app

Be peerless
Reply With Quote
 
  #3 (permalink)
Elite Member
Canada
 
Futures Experience: Intermediate
Platform: NinjaTrader & Jigsaw
Broker/Data: Rithmic
Favorite Futures: ZB & ES
 
Posts: 39 since Dec 2016
Thanks: 28 given, 24 received



jackbravo View Post
You pay spread in both directions, even with a limit order. Limit buy fills when ask price trades down to your order.

Sent using the futures.io mobile app



So what is the effective spread you pay?


Sent from my iPhone using futures.io

Reply With Quote
 
  #4 (permalink)
Market Gizzard
san fransisco, CA/USA
 
Futures Experience: Beginner
Platform: SC
Broker/Data: Looking....
Favorite Futures: CL, ES
 
jackbravo's Avatar
 
Posts: 745 since Jun 2014
Thanks: 1,469 given, 1,025 received
Forum Reputation: Legendary

Unless you're the first in line or something, during liquid hours you typically pay 1 tick in each direction, so $25 for ES.

Sent using the futures.io mobile app

Be peerless
Reply With Quote
The following 2 users say Thank You to jackbravo for this post:

Reply



futures.io > > > > Slippage

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

2016 True Edge Awards: Voting is open until Jan 21!

Now
 

An Afternoon with FIO member Massive l

Elite only
 

Anthony Drager: Pulling the trigger with confidence

Elite only
 

Leo Murphy: The Art and Science of Technical Analysis

Elite only
 

FuturesTrader71: Ask Me Anything

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
EURUSD Slippage strando7 Currency Futures 7 November 15th, 2014 11:18 AM
a question about slippage johnnyalpha8 Index Futures Trading 7 January 15th, 2013 02:13 PM
Eliminating slippage patbateman NinjaTrader 1 September 30th, 2012 04:33 AM
Slippage? jason Brokers and Data Feeds 5 May 4th, 2011 01:38 AM
slippage sam028 Terms (Glossary) 0 July 5th, 2010 12:00 PM


All times are GMT -4. The time now is 02:35 AM.

no new posts
Page generated 2017-01-19 in 0.09 seconds with 19 queries on phoenix via your IP 174.129.78.73