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    modification fees

    How would you take order modification fees into account.
    Say you have a profitable strategy, if you keep on changes the target and stop levels it can eat away at your profit performance

    #2
    imported post

    Who charges you modification fees? For what instrument?
    RayNinjaTrader Customer Service

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      #3
      imported post

      I thought Eurex chares for order modification and IB passes it on?

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        #4
        imported post

        only after 10+ changes? Don't quote me on that. There is no way to account for this in NT.
        RayNinjaTrader Customer Service

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          #5
          imported post

          sorry to be obtuse but 10+ cahges to one order? or just 10+ chages in total

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            #6
            imported post

            one order
            RayNinjaTrader Customer Service

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              #7
              imported post

              Here is something that was sent to me via a user -



              "When I trade the DAX, IB passes on the Eurex modification fees of 0.50 EUR per modification. Each filled order in the same day receives a credit of 2.50 EUR against this fee. Definitely do not want to use trailing stops that adjust frequently on Eurex."
              RayNinjaTrader Customer Service

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                #8
                imported post

                Thats what I was refering to. It seems then that you can change an order 5 times then? But you are right about trailing stops. Not a big issue since its pretty easy to change the stop manually in NT

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