The opinions expressed in these forums do not represent those of C2, and any discussion of profit/loss is not indicative of future performance or success. There is a substantial risk of loss in trading. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. You should read, understand, and consider the Risk Disclosure Statement that is provided by your broker before you consider trading. Most people who trade lose money.
I placed a trade for LONG Mini Gold NYSE Liffe (@YGh5) on 1/29/15 at 9:30am in my system, OneSystem. The fill I got through Collective2 was much higher than even the high of the day. Has anyone else had a bad fill on Mini Gold that day?
My system has been doing fantastic, see the Leading Systems, however, I don’t want this blemish to stay with me. I’ve contacted C2 but haven’t received a response yet. Anyone know the process for fixing bad trades?
Thanks,
Mike Rajpolt
Freedomtrend
I had the same problem last year at Ninja Trader with NQ, and got this answer: if you buy with an open order you have to be aware that you may get filled at any price… a hard lesson for me!!! wherever you trade, try to use limit orders, hope it helps.
Mike,
YGH5 only traded 2 contracts that day; YGJ5 traded 1,275 contracts that day. I notice a wide bid/offer spread for the March contract month in mini Gold. My time and sales shows the offer in that contract was 1289.50 at the time of your fill, so you got a slightly better fill than the real life offer price in March mini Gold at that time (and the price that would have been executed in real life).
On a go forward basis you might consider trading in the most liquid months only. For Gold (and Gold minis) those are [month codes] G,J,M,Q and Z.
Thanks everyone for the replies. C2 changed the price, but I will watch how I roll in the future. I use CSI Data for EOD futures data and roll data. I’ve always found them to be very reliable. A red flag went up for me when I saw my fill and the daily data from CSI.
Thanks again!
Mike,
To complement ChrisFreeman great answer…when i got filled out of the money with NQ it was in the opening bell with high volumen, the few times ive been favored with good spreads its been at TradeStation.
