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Signal entry is based of the ask and exits are based off the bid. I'm not terribly concerned about replacing them with limit orders due to the strategy analyzing the bid/ask. I would rather the contracts be filled even if there is a chance of slippage. I also analyze the bid/ask separation and if a contract has a wide spread I totally ignore it. I think the $14 round trip commissions is rather wide as it is for what may happen with slippage. Slippage works both ways from my experience, giving someone either better or worse fills... we only speak about it when it is adversely effecting our strategies.. and seem to ignore the latter.
Having baked in high commissions it makes it harder to be profitable.. But if I can show profit with triple the commission costs in sim mode then I think it is realistic that it would be profitable live. Just my .2 cents of thinking, especially with only trading one contract. If i was looking to trade larger orders then this would not work as expected.
Can you help answer these questions from other members on NexusFi?
