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met1989 said:
So I should look directly at the screen and press hit the second it reaches my target?
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I can't decide that for you. IMO, for targets, I would enter limit orders away from the market with my target. If I need to exit when it goes against me, I would work out of the position manually with limit orders looking for best price.
 
Robert Morse said:
I can't decide that for you. IMO, for targets, I would enter limit orders away from the market with my target. If I need to exit when it goes against me, I would work out of the position manually with limit orders looking for best price.
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I’m looking to scalp trade with butterfly spreads gaps of 50$ and it was working great on demo but in real the stop limit don’t trigger and it’s annoying , but if I set a limit order it will trigger immediately
 
met1989 said:
I’m looking to scalp trade with butterfly spreads gaps of 50$ and it was working great on demo but in real the stop limit don’t trigger and it’s annoying , but if I set a limit order it will trigger immediately
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It's something we all had to go through and learn, but sim accounts are not the real market and strategies that are showing promise in a sim account often, if ever, show that same result in a live account. The main problem is a sim will immediately fill you at the bid and close you at the ask, this is not reality. This is especially misleading to someone who is trying to test scalping strategies. One solution is to get a handle on how inaccurate your sim fills are and then account for that in a way that better represents the reality of the market, i.e. getting filled somewhere between the B/A. A better solution is to trade 1 contract strategies in a live account to see how they really work and then "sim" size with a multiplier. You're going to lose a little money, but you will learn a lot about the realities of the market and how your strategies might really succeed or fail. Also, try spending some time with TD's On Demand. It's a great tool for testing strategies.
 
PennySnatch said:
It's something we all had to go through and learn, but sim accounts are not the real market and strategies that are showing promise in a sim account often, if ever, show that same result in a live account. The main problem is a sim will immediately fill you at the bid and close you at the ask, this is not reality. This is especially misleading to someone who is trying to test scalping strategies. One solution is to get a handle on how inaccurate your sim fills are and then account for that in a way that better represents the reality of the market, i.e. getting filled somewhere between the B/A. Or better, trade 1 contract strategies in a live account to see how they really work and then "sim" size with a multiplier. You're going to lose a little money, but you will learn a lot about the realities of the market and how your strategies might really succeed or fail. Also, try spending some time with TD's On Demand. It's a great tool for testing strategies.
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That’s where I was testing it for days I thought I won the jackpot
 
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