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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?
Can you help answer these questions from other members on NexusFi?
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
I have been trading for some time the Alpha Trading Method (and been posting trades to both the thread ATM Trading Method Vendor Free ( and my personal trading journal (.
Credit for the initial posting of the ATM method goes to JDNeeman and …
Well i suppose the question is about changing the limit, once you see it will net get filled, either
be it on time based on or price action (you detect a rotation going away from your limit), you
can then technically chase the price and update your limit...
The question was, can it be done ?
My answer is yes, you can modify an order, be it a limit, target or stop