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Dan the Man  
#1 Posted : Tuesday, November 23, 2010 11:33:47 AM(UTC)
Dan the Man

Rank: Newbie

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Joined: 11/4/2010(UTC)
Posts: 3

It has been more than 15 years since I did any Futures trading. When I last traded, the markets were all "Open-OutCry", or floor traded. In this trading environment, slippage, and commisions were comparativly large. In a typical agriculturals trade, you were down about $50 from the start.

I am running EOD Metastock , I have developed systems that will enter the market on the open, one day delay. I plan to trade Corn, Cocoa, and Soybean Meal in the electronicly traded markets.

My question is: What kind of slippage am I looking at?

Also, is there any posting on the net of typical slippages?

Another question: What is the best method of obtaining the Entry and Exit signals when actually trading? Do you code them as a True, False Indicator, or do you code them into the Expert Advisor?

I will be using different systems for each market.

johnl  
#2 Posted : Thursday, November 25, 2010 8:02:03 AM(UTC)
johnl

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Joined: 11/7/2005(UTC)
Posts: 602

My opinion would be: it depends on the commodity traded and the broker. I would assume that your old open outcry slippage is still in affect and be surprised if you get
better fills.
Dan the Man  
#3 Posted : Friday, November 26, 2010 12:03:19 PM(UTC)
Dan the Man

Rank: Newbie

Groups: Registered, Registered Users
Joined: 11/4/2010(UTC)
Posts: 3

Thanks John for your input. I really did¨not want to hear that for an answer, but I am not surprised.
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