Comment on Intraday stock trader par excellence

Price Action Trader commented on 12 Aug 2014, 11:35 PM

Could u pls clear this up for me:

If for eg I buy 5000 shares of Tata Steel at Rs.500 with a stop loss of Rs.499 & target of Rs.501. So in lieu of the impact cost what could typically be the net rate that I may get for both buying and selling. For the sake of this example in theory while i would be looking at a profit of Rs.1/- per share, what might the actual profit be in a realistic scenario if we introduce the impact cost into the picture.

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