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Re: Discretionary Trading vs Automated Trading
You have to design these backtest limit orders so they only get filled when the market moves one tick past your limit. You rarely sell at the ask or buy at the bid. Certainly nothing you can depend on. This has to be taken into account when programming. Tradestation/Easy Language does not take this into account, you need to program it yourself. Tradestations ProftTarget strategy will fill limit orders on a touch which is not realistic at all.
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