Hasn't happened at the small size over my sample period, although futures may have a much more contested spread than stocks.
If I go in at market I never miss more than 1 tick. My average profit per trade is 14 ticks. So if I miss 1 trade I should make 14 trades with an entry price of 1 tick below market. So it is clear to me what to do. And sometimes I am lucky and get the lower tick too.Quote from cornix:
Yep, makes more sense to just use MIT or STP (depending on direction) in liquid markets. 1-2 ticks of slippage sometimes more than worth it.
Quote from Mtrader:
If I go in at market I never miss more than 1 tick. My average profit per trade is 14 ticks. So if I miss 1 trade I should make 14 trades with an entry price of 1 tick below market. So it is clear to me what to do. And sometimes I am lucky and get the lower tick too.
If your profits depends on this 1 tick difference, you should work on your system I think.