Trade Ideas: Support Forum

[Trade Ideas]

From Jamie, Dir. of Trader Education:

Well, 2 things, the nature of the event (fast moving) and the fact that it’s taking place relatively close to the open make for really fast action.

My fill rates are running approx 10-20%------missing the entry is one thing, missing the price that the Odds Maker is marking is normal if not expected.

JH

From me:

That's why we stress the importance of finding strategies with at least a 2:1 average winning trade to average losing trade. Doubling that ratio provides enough cushion for slippage issues, etc.



Also consider if you want better fill rates on key events anticipate them within the filters and alerts you select. For example if you were looking for the moment of the 200 day SMA crossover, you could use our filter to place all stocks 1 or 2% away from that benchmark. Another example: If you were looking to trade the 30 day high, set alerts for the 29 day high which it has to reach before passing the 30th.

BEst,

D