What is safest way to place a Spike without getting stopped or slippage ?
is a collar above and below ? this is bad in yo yo spike .
or market execution before release for buy and sell with tight SL such that one will be stopped and other continue ?
what do u think ?
can you expound on your question?
what do you mean place a spike… and collar??
do you mean [B]play[/B] a spike?
at news release time, the price has a knee jerk movement up or down. This is a spike…if we need to trade it, how to place the order is important. Brokers don’t fill orders at required price. This is slippage. So I think to open two market execution 3 mins before release time in two different directions ,then one will loose with tight sl,? And other will win
both can win or lose, regardless of stop loss distance.
why do you need to open positions in both directions? if you do not know where price is going, or at least have an idea where it will go, you should sit on your hands, and wait for the news-induced volatility to die down before you place an order in the market.