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Do the entry/exit markers on a chart take into account the spread?

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    Do the entry/exit markers on a chart take into account the spread?

    Do the entry/exit markers on a chart take into account the spread?

    For instance if the chart markers show I made 10 pips, does that mean I made 10 pips after the spread?

    #2
    Originally posted by Trankuility View Post
    Do the entry/exit markers on a chart take into account the spread?

    For instance if the chart markers show I made 10 pips, does that mean I made 10 pips after the spread?
    Hello Trankuility,

    Thank you for your post.

    When trading live (using a live brokerage), the execution markers display where the broker stated your execution took place, therefore, it should represent the spread that you paid.

    When trading into a simulated account, the executions will take place at the last traded price, and therefore may not represent the spread you may realize when trading into a live broker account. You can set commissions if you wish to simulate extra fees to take into account spread costs.

    More information on setting up commissions can be found at the following link: http://www.ninjatrader.com/support/h...ission_tab.htm

    Please let me know if I can be of any further assistance.
    Ray S.NinjaTrader Customer Service

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      #3
      I'm doing live trading. Just to be clear ( I know I sound like a retard hah), when trading live, if the entry/exit markers on the chart show I made 10 pips, that means I made 10 pips after the spread?

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        #4
        Originally posted by Trankuility View Post
        I'm doing live trading. Just to be clear ( I know I sound like a retard hah), when trading live, if the entry/exit markers on the chart show I made 10 pips, that means I made 10 pips after the spread?
        Yes, I beleive that is correct; however, please consult your broker to verify as we do not have access to any brokerage or PnL information to make sure.
        Ray S.NinjaTrader Customer Service

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          #5
          I see. Thank you for the info.

          Comment

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