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Non-Tech : Interactive Brokers / Timberhill

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To: jesso who wrote (811)12/6/2000 4:41:59 PM
From: booters  Read Replies (1) of 9012
 
Anyone use market orders to trade ES/NQ

I have been trading the NQ's now with IB for 6 or 8 months and only use market orders. ( as you say, don't want to miss the trade ). It has never taken longer than 2 seconds to get a fill, never. I trade off 1 min indicators and use the open of the following bar as my trade point for back testing. If I hit the trade key at 3 seconds before the new bar I will get the open 95% of the time and the rest usually even out. So, slippage for me is not an issue, I do not consider that I get any since my trades line up with what I expect.

That was a long answer that may not help with your type trading so let me suggest this, you will get the trade 2 seconds after you hit the button.

Maybe that helps

boots
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