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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Chip McVickar who wrote (17707)3/5/1999 9:50:00 AM
From: doug-e-mini  Read Replies (1) of 44573
 
Chip, I generally don't place a stop right away. Sometimes not at all, opting to pull the trigger when it feels right.

I have never had a problem with stops being executed when they should be. Sometimes they are filled exactly at my stop price, sometimes there might be .25 or .50 of what you refer to as slippage. Remember, a stop order is really a market order once your stop price gets hit. If you have a sell stop working and your stop price gets hit, you're hitting the bid which could be a tic or two lower.

On a very rare occasion, you might get filled a tic or two better than your stop, depending on market conditions.
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