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Futures Rookie
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jpartner
Posted 7/24/2014 07:14 (#3983333 - in reply to #3983181)
Subject: RE: Futures Rookie


c-xr-1 - 7/23/2014 23:17

enter with a stop-limit order to avoid major slippage- if market is really moving on THAT DAY you could have 5 cents slippage - easily in those thin conditions - those grain minis are thinner than lumber - if you are not concerned about margin, seems you could do a regular 5k bu contract OR sell/write an option.


Stop Limits would definitely be an option. Just know that if price goes through your stop and never looks back, you will not get filled at all.
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