CL Redux

Quote from Picaso:

[Gold is really tanking, watch out!]

I get the impression that you think there's a queue of stops, as there is a queue/line, of limit orders. AFAIK, all stops get triggered at the same time (there's not even any advantage in collocated servers, since IB's orders reside directly at the exchange).
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I always thought is was FIFO order matching......we need a NYMEX expert
 
Good morning all! This is one of those days that rewards bad behavior. Huge range day that appears to be a trending day. Tough for me to trade. I often sit out fed days anyway. Slippage is horrid.
 
Gold is totally tanking - looks like somebody has leaked that QE2 is going to suck.

Gold down 2%

Silver down 3%

Most of the fall in the last 10 minutes.
 
Quote from NoDoji:

I just got 15 ticks slippage on that breakout trade. Placed my stop @ 85.05, filled @ 85.20! Ended up with 3 f*cking ticks profit :mad:
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Funny. Trading X-trader, it goes out and finds stuff that isn't even there. Trading IB, it's like there's some fantastical transporter mechanism, theory of relativity crap going on where it suddendly appears 10 ticks against you without ever being in between... Nonsense.
 
Quote from gov:

Good morning all! This is one of those days that rewards bad behavior. Huge range day that appears to be a trending day. Tough for me to trade. I often sit out fed days anyway. Slippage is horrid.
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This is a day that rewards people with a short bias :D
 
Quote from EON Kid:

I always thought is was FIFO order matching......
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Stop orders are like Limits, it's FIFO. There is no randomness in the matching algorithm.
 
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