In market their is alot of brokers are available. So you need to check out thoroughly that which kinda broker you need which is most reliable. When it comes to an ECN broker, the slippage parameter of the Order Send function is ignored. Set it to anything you like, makes no difference. First of all do more practice and need to have command over it then you may succeed. The moral of this is that you send an instruction that you wish to buy(or sell) and the broker will return your trade with the best price the market can offer....the price you wished to get is irrelevant. Technically your slippage is unlimited and you will never see a re-quote at a ECN broker. Its not tough but not much easy its need just your devotion.
Tuesday, February 1, 2011
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