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There is no guarantee that you get filled with Stop Limit orders as you
pointed out!
I thought you wanted to get a probability from people's experience, and I
was pointing you to a place where you might get the information. You can
also try www.elitetrader.com?
Regards,
Volker Knapp
(www.wealth-lab.com)
-----Ursprüngliche Nachricht-----
Von: Sudhir Menon [mailto:sdhrmenon@xxxxxxxxx]
Gesendet: Monday, July 04, 2005 10:11 AM
An: Volker
Cc: omega-list@xxxxxxxxxx
Betreff: RE: Slippage on stop limit orders
So what is the technique to use to have stop limit on
same price level ?
Yes I am speaking of US market only.
--- Volker <volker@xxxxxxxxxxxxxx> wrote:
> Sudhir,
>
> Many traders from our site are using a similar
> technique. I do not recall
> seeing any statistic there but you should search our
> forum since it has been
> discussed (I remember). May be you get the
> information you need. I also
> assume you are talking about the US market?
>
> Kind regards,
>
> Volker Knapp
> (www.wealth-lab.com)
>
>
>
> -----Original Message-----
> From: Sudhir Menon [mailto:sdhrmenon@xxxxxxxxx]
> Sent: Monday, July 04, 2005 8:45 AM
> To: omega-list@xxxxxxxxxx
> Subject: Slippage on stop limit orders
>
> Hi all,
>
> I want to have opinion of experts on this.
>
> I want to trade on daily bars. so I will input
> orders for tomorrow
> today night only. The order type I am using is STOP
> LIMIT. So I compute a price
> and if touched I want to have limit order on that
> price only .So if I put buy order for
> 101 stop limit - then once 101 is touched I want to
> buy at 101 only. The idea is to avoide any slippage
> But in real life its going to be diffcult. It is
> quite
> possible that price may touch 101 and go to
> 102 and then never come back to 101 at all.
>
> So what I want to know - are there any techniques
> to handle this kind of requirement ?
> If I am issuing order 1 day in advance then whats
> general probability that this kind of order
> will remain unfulfiled.
>
> Thanks in advnce.
>
> Sudhir
>
>
>
>
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