Support Board
Date/Time: Sun, 24 Nov 2024 02:43:31 +0000
Post From: Backtesting an intraday strategy
| [2024-11-06 23:31:28] |
| Tin43 - Posts: 90 |
|
Well I think market if touched not only you will not get the price for being a market order, but slippage is an adding problem too. I think that limit orders will be more realistic despite MAYBE not getting filled. As we know with Market orders you get filled but not at your desired price, with limits you get the price but is no granted that you will get filled. I suppose that if you are an intraday trader with long moves (more than 4 handles, for me) then maybe that is not a problem. But if you are a scalper going for 3 or 5 ticks, that's a big problem. Maybe you should share the differences you find between market if touched orders and limit orders to give you more insight. |