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gbarber

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Joined: 12/30/2012
Location: Pearland, TX

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Subject : RE: IB Slippage Data By Order Size and Trade Type
Posted : 3/20/2013 12:09 AM
Post #24755 - In reply to #24631

It is really great to hear from all the erudite and vastly experienced people participating in this discussion. A lot of wisdom has been laid on the table. I am hoping Nirvana will soon state what will be done to OV to handle the opening gap situation discussed here. Trading into an opening gap raises risk in a manner not contemplated at the time of ordering the trade. This is similar to trading into a dividend or earnings report (I think the answer here is generally, don't order the trade). All of these need to be accounted for and handled in some way when using an automated system. Since I have been hurt by opening gaps, IMHO this should be high on the priority list and we will hear soon how Nirvana will handle this.

[Edited by gbarber on 3/20/2013 12:13 AM]

Deleting message 24755 : RE: IB Slippage Data By Order Size and Trade Type


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