InvestorsHub Logo
Followers 12
Posts 927
Boards Moderated 2
Alias Born 01/21/2003

Re: Baoli post# 1904

Saturday, 05/01/2010 8:14:38 AM

Saturday, May 01, 2010 8:14:38 AM

Post# of 1985
Baoli: Thanks for the feedback - we may eventually do a % spread filter but our first concern was to do it in $$. After a certain amount of cents you just don't want to see such wide spreads - regardless what the dollar price is of the stock - 1.e., 2% of GOOG. I put a Max spread amount of $0.15 and the tool keeps me away from bad/disadvantaged fills. You can also improve your OddsMaker results by using the Max Distance from Inside Market - which you can express as a percentage.

http://www.trade-ideas.com/Help.html#WSF_MinDNbbo

I would use this filter as a proxy for the spread until we add the % option.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.