Posts Tagged by slippage
How Bigger Spread Influenced My Trading Profits
| May 6, 2017 | Posted by Oddmund Grotte under daytrading, trading topics |
This article covers the newly implemented 5 cents spread in certain stocks and how that has influenced my P/L (negatively). Background: On October 3 in 2016 SEC implemented the Tick Size Pilot Program. Put short, there will be a minimum 5 cents spread in specified stocks. The entire idea behind the program is for the SEC…
How To Minimize Slippage and Commissions
| July 4, 2012 | Posted by Oddmund Grotte under trading topics |
Lately I have done some research trying to develop some new daytrading strategies. I have tested all these strategies with entry on the open (OPG). Exit have been after two hours or on the close (MOC). There are two huge advantages using OPG and MOC compared to exiting trying to get good offers and bids…
Commission Costs
| June 16, 2012 | Posted by Oddmund Grotte under trading topics |
Trading is very difficult. Not only is it difficult to find profitable strategies, you also have to overcome slippage and commission costs. Slippage is difficult to estimate. Commissions costs, however, is easy to calculate. Personally I pay .001 per share in clearing plus ECN rebates and taxes/fees. So far in 2012 I have paid 6725…
What Is Slippage?
| June 13, 2012 | Posted by Oddmund Grotte under trading topics |
One word I often use in my articles is the word slippage. Simply explained this means the difference between fictional results when testing strategies, and the actual results in real life adjusting for commissions and transaction costs. Commission is a cost we know. However, costs related to buying and selling is not always easy to…
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