|
PureBytes Links
Trading Reference Links
|
Hello All,
Just for paper Trading purposes, what would You suggest is the best scenario (
I mean the worst) of the following, so that considering it would provide me
with most accurate data in terms of Day Trading Analysis? ;
Scenarios:
1) Give my self at least 1.5 Minute Delay on EVERY trade I make, so that I
can be sure that at that time I would get the Fill at the Price I see on the
chart after 1.5 minute after I triggered the order. Simply assuming that
that's how long it would take for my broker to get me filled.....
2) Always lower (or rise in case od shorting) the price I am getting filled,
say
After waiting 1.5 for the Fill - THe current chart data says 1089 (S&P's) then
I to make it Worst sccenario would actually put down the price that is lower
about
0.2 points that that one seen on the chart.
3) If the current trade price is @ exactly my wanted price, say I wanted to
sell
@ 1089 (already making 1 point on that trade) and the tick went up actually to
that level - 1089, then I would never consider as being filled untill it
passes that level with at least one TICK for at least ONE 30 Secunds.
Do you think these above scenarios could be uses as a paper Trading
"REALITY MAKER FACTORS" ???
Can YOU please suggest any changes or other Important facts that I should take
under consideration based on Your REAL Live experience that could help me out
in bettering and making my paper trading results more reliable ???
I really appreciate ANY comments, suggestions, help........
Best Regards to ALL,
Thomas
|