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Subject: Commission / Slippage clarification

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alec
Posts:5

08-24-2008 5:00 PM Alert 

I was following your example on TradersStudio's manual for developing a TradersStudio Stock Session and kind of got confused on your Commission/slippage inputs.

You are using a Commision of .01.....so I'd assume you are not talking about an actual $10per trade Commision correct?  What is does that number represents then?

Isn't 0.1% Slippage too small a number?  What is this suppose to represent? Ask/Bid percent difference?

 

 

murray
Posts:435

08-25-2008 12:14 AM Alert 

.01 means .01 per unit. If unit size is 1, and we buy 1000 units, in this case 1000 shares this would be a $10.00 commission.

.01% is  ten cents slippage on a $100.00 stock would be ten cents, This is a reasonable number since I used it on Nasdaq 100 stocks which have tight spreads.

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Forums > TradersStudio 2.x > General TradersStudio Forum > Commission / Slippage clarification



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