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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: doug-e-mini who wrote (14712)2/4/1999 10:46:00 AM
From: SE  Read Replies (1) | Respond to of 44573
 
doug.....come 'on, I am just getting comfortable with the proper use of stops and now you want me to use limits? :)

I know I probably should use limits as well, but usually, when I want in, just park me in and I will take what comes....but a full point is a bit much to stomach. Usually it is right on the bid or ask on the screen, or at most .25 off.



To: doug-e-mini who wrote (14712)2/4/1999 8:53:00 PM
From: nextrade!  Read Replies (2) | Respond to of 44573
 
doug, for my trading I use market orders in the mini nearly all of the time for entry, and some of the time on exit. One thing I have noticed is that if my fills are away from the market at all its mostly due to my quotes. I use two vendors on two different computers using two different isps and have the opportunity to compare them easily. The fills are so fast that they actually lead the quotes by a split second sometimes.

Also, when placing multiple market orders, of 10 contracts or more, the fills may vary by what was available at that given moment on Globex, sometimes 25 to 50.

Obviously, the type of trading we do makes a great deal of difference of how we place our individual orders, but thought I could share this without being an intrusion <g>

nextrade!