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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Mechanical Investing
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Author: Aussi   😊 😞
Number: of 6131 
Subject: Re: IB Transaction Cost Analysis
Date: 01/01/24 4:45 PM
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No. of Recommendations: 3
I'm pretty sure I'll try that some time, perhaps soon. There are a couple points of concern. One is that many SiPro screen picks do not trade a lot of volume.

For my smaller volume SIPro picks, I have been using Vanguard and limit orders. For buys, I place the limit at the ask. If the spread between bid and ask is more than a couple of cents, my execution price is usually better than my limit price. Similar experience with selling, execution price generally better than the limit price. I have not tried this at IB as the screen I use at IB is for very liquid stocks and I trade market orders.

Craig
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This community has written 6,115 posts about Mechanical Investing. The article-length ones it recommended most:
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