1,2,3,4,5% How much do you make a week

[Salty Gibbon]

Jonny T

I trade stocks such as EBAY, QCOM, MXIM, YHOO etc. etc. etc - "big" stocks with big daily volume.

As yet I am not trading big size and consequently get no problems with fills.

You are undoubtedly more experienced in this game than me so could you ( or anyone else ) please advise me, IN GENERAL, at approximately what size of position I might start running into "fill" problems - or where a fill becomes a real issue and has to be carefully considered - bearing in mind the types of stocks that I trade and intend to continue to trade in the future.

 

[Mr. Charts]

Salty,
No problem with 1000 ever. On very choppy days when I'm scalping for small moves a 2000 order long gets filled within 1-2 seconds, slightly more on shorts with a limit below market.
I trained someone who only scalps the big internets and she trades in larger size than that, no problem.
In much smaller stocks you might not get a complete fill for 1000, depending on order type.
HTH
Richard

 

[Salty Gibbon]

Many thanks Richard

 

[Naz]

Obviously the more liquid the stock the better the large order fills.Start doing it on less liquid stocks and you need to work your orders.Thats where a platform like lightspeed takes over.On very liquid stocks the fills were about 0.5 sec

If you're a Nasdaq scalper that's the best platform i've ever used for trading large size.ie trading in 1000's of shares at a time.