1 Topic by Blaiserboy (edited by Blaiserboy 2011-02-18 05:33:44)

  • Blaiserboy
  • Blaiserboy
  • Junior Part-Time Aspiring Space Cadet
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  • Registered: 2010-09-06
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Topic: entry price

for some reason, seems that FST is entering prices far from the current price which is resulting in immediate losses.....

http://s1.postimage.org/1nqkxsft0/dave_M_SNAG_00053.jpg

http://s4.postimage.org/c5gkvgtg/dave_M_SNAG_00054.jpg

http://s4.postimage.org/c5i8etb8/dave_M_SNAG_00055.jpg

I added a statement from a different broker

I think the problem is in the strategy... but I do not see what the problem could be..

Blaiserboy's Website

  • footon
  • footon
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Re: entry price

Hey Dave,

Orders seem to be more or less apart from the prices by the amount of spread, take the last screenshot and look - opened at 5:10 @ 134.80, so spread around 6 pips = 134.74, there's definitely some slippage (~1 pip) too, so I'd say it's normal. Or in the first pic, 2:45 sell order price is pretty spot on compared to chart price, next buy orders are a part from it again by 6-7 pips, that means spread plus slippage.

You know, that is the main reason why I avoid large spread pairs, they just kill you if you have a high frequency strategy.

  • Blaiserboy
  • Blaiserboy
  • Junior Part-Time Aspiring Space Cadet
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  • From: Toronto
  • Registered: 2010-09-06
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Re: entry price

That is the first I have tried GBPJPY.... and I assume you are correct.. slippage and spread.

I have a similar one on EurUsd that I will attach to a chart for an experiment.

Thanks for pointing that out...... I will stay away from the spread monsters...... lol

Thanks for the tutoring for the past couple days..

I think I should have realized about the high spread and volatility..

Thanks again.

Blaiserboy's Website