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I'm new to trading, haven't even done my first trade. Just working on backtesting some strategies. I'm wondering what the correct slippage and commission rate settings are to produce an accurate result.
Can you help answer these questions from other members on NexusFi?
I'm using .25 as the slippage in the "backtesting" tab (which equates to $12) and $2.5 for commission "per share/contract" in the General tab. I'm trading the E-mini S&P 500 ESM60. I'm also using the "fill entire order when trade occurs at limit price or better" but sometimes double check my strategies by switching to "fill entire order when trade exceeds price limit" momentarily. What else can I do to firm up my strategies' equity performance reports?
