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Old 07-09-2006, 02:19   #1
Pips4Profit
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Slippage

Is there any way to eliminate or at least minimize slippage on the futures markets? I am interested in knowing if a platform,brokerage or service can guarantee this? Can slippage be avoided...minimized...eliminated...other? Thanks to any and all who can help me.
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Old 07-09-2006, 10:26   #2
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Re: Slippage

If you use" Limit " and " Stop Limit " orders it will help.
But by no stretch is it foolproof.
The more reputable your broker, the better your fill and if you do get reamed on a particular order it's more likly they will listen to your complaint and check time and sales.
Also it may possibly avoid a repeat.
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Old 07-09-2006, 10:32   #3
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Re: Slippage

Quote:
Originally Posted by mmont
If you use" Limit " and " Stop Limit " orders it will help.
But by no stretch is it foolproof.
The more reputable your broker, the better your fill and if you do get reamed on a particular order it's more likly they will listen to your complaint and check time and sales.
Also it may possibly avoid a repeat.

Thank you mmont. I plan on using automation with TradeStation, therefore am trying to find a way to avoid the 1 tick loss that seems to be happening at the moment. Is there a platform like J-Trader or something other that is quicker to submit the order to try and beat the loss? Any ideas? Thanks.

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Old 07-09-2006, 11:43   #4
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Re: Slippage

Can't answer about automation. I trade FX through TS but not futures.
But,in answer to the last part of your reply, I think that, while speed helps most " slippage ' is just plain robbery,
so you have to try to reduce the house traders other options as well.
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Old 07-09-2006, 12:54   #5
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Re: Slippage

Thanks again for your input mmont. Appreciate it very much and if anyone else has some insight in regards to this, please help.

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Old 09-09-2006, 09:48   #6
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Re: Slippage

Quote:
Originally Posted by Pips4Profit
Is there any way to eliminate or at least minimize slippage on the futures markets? I am interested in knowing if a platform,brokerage or service can guarantee this? Can slippage be avoided...minimized...eliminated...other? Thanks to any and all who can help me.
Hi,fficeffice" />>>
Slippage can not be avoided......>>
It is coming from broker's server.>>
You can ask your broker for lowering your slippage...>>
...if your account is over ONE million.>>
Cicero>>
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Old 09-09-2006, 12:35   #7
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Re: Slippage

Thanks Cicero for your help, it is much appreciated. I'm working my way towards that goal.

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