a tick slippage is $12.5
2 ticks round trip is $25
if you do this 4000 times it would cost you 100000
lmao, how much edge do you need to counter that in ES future trading?
now im asking that the intraday rate is only lowering the requirement to enter the trade but the actual profit and loss stay the same for both intraday/overnight rate per minimum tick am i right?
Can someone help me with this?
So like i just did a trade with ES (not MES) on TradeStation:
I bought it with only one contract using a $3000 acc and the cost is $1510 something at 5566.5 and sold it at 5567
and i only make like $21
Am i getting the intraday rate? Like i can enter the trade...
ive been doing it for 5 years on weekly level and yield consistent result now i just found it to be useful on lower timeframe and a way to make it algorithmic