It’s still bothering me. I really want to trade the breakout system on URNM. Since I live in Germany, I’m using the CFD for the symbol URNM. However, the executions are incredibly poor and slow. Now I’m trying the following: I’ve set the time frame to 2 days, which only slightly reduces the performance. I still have an APR of 113%. I manually wait for the price to exceed 0.5%, and then I place a limit order. I'm curious to see if this will work. Unfortunately, I can’t always execute this manually, so I’ll likely miss some entries.
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I was also thinking that using a CFD would be a high leverage option. However, the risk is slippage and big bid/ask spreads. Before trading in realtime make sure you run it with real data on a demo account.
One improvement would be to replace the STP order by a Stop Limit Order, so that on a CFD the price would not be different or having a huge slippage than what was expected in the strategy. I guess I have to do this manually in TWS on my broker Interactive Broker. By the way: We have now an APR of +142% on the URNM breakout strategy. It "just" a lot of manual work to get it run.
WealthLab supports OrderType.StopLImit. Search the QuickRef for StopLimit.
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