Intraday Systems Flawed

[pedro01]

Going in you have a target price yes? In that case make it a limit order. If you get a fill you get a fill.

Going out then use stops.

Depends on how the sysem is constructed I guess, some systems (ie set of ruels) would allow you to pre-emtively place "limit if touched" type entry trades.

It also's gonna depend on how much you look to take on each trade, I'd say anything less than 5tick then the entry/exit points are important, but if you look to capture 5+ tick swings then take it on the chin.

Agreed - there are so many variables here.

If you are looking at being in for 50ms, then of course this is a huge issue.
If you are looking to trade volumes in an illiquid market, this is a huge issue.

If you are looking to scalp 1 point out of the eminis for 5 contracts during cash market hours - no problem.

So - which markets, what time, what volume & what target size ?

 

[pedro01]

May I suggest that you two trade insults via PM instead? Let's get back on topic, eh?

killjoy