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Eric wrote:
>
> jdfo wrote:
> >
> > Is it just me or has anyone else been experiencing just terrible fills
> > the past two weeks, day trading the SP's? I mean my stops get blown
> > right through by 30 to 40 points and my buy/sell stops at times have
> > been 50 to 75 points away from initial order. This is a fast market but
> > WOW. Had 175 points today in slippage in four trades.
> > Any knowledgeable experienced guru's have an answer?
> > jdfo
175 points in four round trips is 43.75 points per rt or .00048% per rt.
In 1994 that would have been equivalent to 20 points. I don't see that
as being particularly bad. This market has doubled in the past 3 years,
and I would suspect the slippage has as well. If you want the slippage
to matter less, you can trade longer term. I have been very happy with
our floor group. We have averaged under 20 points per rt. If you would
like their number contact me personally. I don't know if they handle
individual accounts.
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