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On Fri, 29 Dec 2000 at 13:13:39, David Holzgrefe <dtholz@xxxx>
wrote about [amibroker] Profit Taking?:
> the problem you describe is called slippage you may need to
> calculate it
> when you do your forecast
> eg xyz buy at 10,000 at 1.00 = $ 10,000
> brokage $60.00 both ways $ 60.00
> slippage 2% total on entry and exit $ 200.00
Is 2% for slippage a popular figure for this? Does it vary, and if so,
could you tell me by how much (ie the range)?
> cost of trade $10,260
> break even at 1.026
> profit target ?? 1.03
Do you use any formula for assessing a profit target? Is there a
recommended acceptable level to achieve/aim for?
Thanks in advance.
Peter
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Peter Carr
Email: pcarr@xxxx ICQ: 22586379
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