POLL: What's Your Slippage?

[TraderZones]

What is your real slippage (estimated)???

Based on your background/experience with live trading, what do you estimate your average slippage for your market/stop orders (please do not include Limit orders - its a whole other creature).

STOCKS - in percentage terms

FOREX - measured in PIPs

FUTURES - measured in TICKs

 

[Scataphagos]

If slippage is significant to your profitability, then either (1) you're "fishing in a dry hole"... that is, playing a bad strategy, or (2) trading too small of market for your size.

 

[TraderZones]

Quote from Scataphagos:

If slippage is significant to your profitability, then either (1) you're "fishing in a dry hole"... that is, playing a bad strategy, or (2) trading too small of market for your size.

not to a scalper

 

[killthesunshine]

define 'slippage". you don't mean what is your "stop" on each trade do you?

buy at ask for ZERO slippage?? what you asking?/

 

[Donkell]

I almost never use market orders and therefore I don't incur slippage.

Can't remember the last time I used a market order.


Slippage defined, someone asked.

The difference between the expected price of a trade, and the price the trade actually executes at. Slippage often occurs during periods of higher volatility, when market orders are used, and also when large orders are executed when there may not be enough interest at the desired price level to maintain the expected price of trade

don

 

[TraderZones]

Quote from killthesunshine:

define 'slippage". you don't mean what is your "stop" on each trade do you?

buy at ask for ZERO slippage?? what you asking?/

you trade and you don't understand slippage?

 

[BPtrader]

Quote from TraderZones:

you trade and you don't understand slippage?

No, I don't. Enlighten me on your "0.5 ticks" slippage?

 

[bwolinsky]

Quote from TraderZones:

What is your real slippage (estimated)???

Based on your background/experience with live trading, what do you estimate your average slippage for your market/stop orders (please do not include Limit orders - its a whole other creature).

STOCKS - in percentage terms

FOREX - measured in PIPs

FUTURES - measured in TICKs

I think you should revise the poll to add positive slippage. I have positive slippage on average, not negative, not on every trade, but very rarely .01 away from my stock trades.

 

[BPtrader]

Quote from bwolinsky:

I think you should revise the poll to add positive slippage. I have positive slippage on average, not negative, not on every trade, but very rarely .01 away from my stock trades.

You are truly an oxy-MORON!

 

[Alexis]

on futures, well I'd say one tick, I'm a market order kind of guy (have to )