We all know that NQ jumps around 9:30 But what are the normal stop market slippage like? thank you on the sim I am getting average 2 ticks on slippage for 2 contracts
NQ doesn't gap around 930am ET as it has already been opened hours earlier. NQ tick size is extremely tiny (one tick = 0.25 point). It can't be seen unless you use the scanning electron microscope. It used to be coarser (one tick = 1 point). Around 930am ET, slippage, and bid-offer spread are very small and not an issue. When there is very major news/events (eg cpi data release, President Trump's powerful twitt), slippage, and bid-offer spread could be a few points. And your charts and trading platform might freeze due to heavy traffic.
it does on the TradeStation sim it jumps 5 index points 1 second later 9:30 is where the market officially opens so there’s definitely a spike
I don't remember the e-mini NQ ever having 1 tick = 1 point. It was previously 1 tick = 0.5 pts until about 20 years ago. Before CME cut it in half. To answer the OPs question, slippage is typically 0 or 1 tick during slow markets conditions.
The E mini NQ was introduced in June 1999. I have back data from Jan 2000 onwards. Six months after launch. The tick was 0.5 pts in Jan 2000. NQ,I,20000127,093000,3699.00,3701.50,3687.00,3687.00 NQ,I,20000127,093500,3689.00,3704.00,3682.50,3691.00 NQ,I,20000127,094000,3691.00,3714.00,3690.00,3705.50 NQ,I,20000127,094500,3705.00,3706.00,3686.50,3701.00 NQ,I,20000127,095000,3702.00,3705.50,3683.00,3686.00 NQ,I,20000127,095500,3689.00,3700.00,3683.00,3687.50
tradestation data is crap do not use tradestation for short term trading you have been warned. they run their own server and massage their data it's not real and timely