TopStepTrader & Rithmic Slippage Study (Page 2) - Traders Hideout | futures trading

Go Back

> Futures Trading, News, Charts and Platforms > Traders Hideout

TopStepTrader & Rithmic Slippage Study
Started:May 27th, 2016 (11:30 PM) by fiverr Views / Replies:653 / 10
Last Reply:May 31st, 2016 (08:56 PM) Attachments:1

Welcome to

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

Thread Tools Search this Thread

TopStepTrader & Rithmic Slippage Study

Old May 31st, 2016, 08:56 PM   #11 (permalink)
Elite Member
Manchester, NH
Futures Experience: Beginner
Platform: thinkorswim
Broker/Data: TD Ameritrade
Favorite Futures: Stocks
Posts: 835 since Jul 2012
Thanks: 579 given, 1,626 received

fiverr View Post
Hi artemiso,

If I want to sell at 2050.5 (limit price) and I got filled at 2051.0 (avg fill price), this is to my advantage.

If I want to buy at 2060.5 (limit price) and I got filled at 2059.75 (avg fill price), I got a lower buy price than my limit. This is also to my advantage.

If you sell at 2050.5 (limit price) and get filled at 2051.0 (fill price), then what this means is that you were crossing the spread. If the best bid was 2051.0, your slippage is 0 points, not -0.5 points.

Let's say the market for ESU6 is quoted bid at 2096.50. There's nothing preventing me - assuming the 7% price limit is not hit - from placing a limit to sell ESU6 at 2050.00, but I will get filled at 2096.50. According to your limit price - fill price formula, I will get an instant -186 tick negative slippage to my advantage!

Reply With Quote
The following 4 users say Thank You to artemiso for this post:

Reply > Futures Trading, News, Charts and Platforms > Traders Hideout > TopStepTrader & Rithmic Slippage Study

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
TTnet, Rithmic, or CQG with multicharts through AMP uspilotzzz Brokers and Data Feeds 4 October 30th, 2015 06:43 PM
Rithmic vs AMP/CQG traderjcf Brokers and Data Feeds 101 February 5th, 2014 05:12 AM
Eurex is now available on Rithmic @ AMP Bogan Brokers and Data Feeds 6 January 24th, 2014 07:37 PM
S&P Chart, problem with slippage and gains Hayles76 Index Futures Trading 2 February 9th, 2013 06:48 PM
Rithmic & NinjaTrader Direct Santi Brokers and Data Feeds 1 June 21st, 2012 06:30 PM

All times are GMT -4. The time now is 02:27 PM.

Copyright © 2016 by All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-21 in 0.07 seconds with 20 queries on phoenix via your IP