Post #4150 by TGMark on the Mechanical Investing board

Investment Strategies / Mechanical Investing ❤

Unthreaded | Threaded | Whole Thread (12)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 4

This has occurred to me often; it occurred last week with APP. It occurs for me about once a month when I try to save by using a limit order. APP went from 363 to 380 the next morning so yes it can cost you if you miss a purchase by using a limit order that doesn't execute.

Sometimes, it goes down after you miss buying it too :)

I've not been trading that actively recently, as I used to with FolioFN.
At IB now, I usually use BasketTrader and their MidPrice algorithm, which tries to execute at the midpoint and follows it around.
Typically, most orders get executed in 30 minutes, a few stragglers take up to the rest of the day, and now and then they only get partially filled.
I don't have time to monitor them, so I take what I can get. Executions have seemed good though.

Mark

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (12)

Prev | Next

Announcements

Mechanical Investing FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.