Comment on Mr Consistent returning incredible returns
commented on
23 Dec 2013, 01:21 PM
I already face slippage of 1-2 pts in NF and BNF’s around 5-7 pts…right now, i have been able to make more than slippages.
I know a trader who has a decent size account and he says once we reach 250-300 lots in Nifty futures (most of them use 1 lot/lac and we are looking at 2.5-3 cr account) – the slippage is gonna be easy 5 pts..so, a trader’s returns would drastically go down as the impact costs go up.
Alternatively, i can go for an higher time frame, reduce the no. of trades/month – ofcourse offsetting the potential returns…its a tradeoff for trading bigger size with breakout strategy !!
Hope it helps.