I’ve been testing some setups on FIDSON and CORNERST on the simulator, but the bid-ask spreads make getting clean fills a bit tricky without chasing price. Are you guys waiting for a solid pullback to support, or just scaling in slowly as the morning volume builds up? Curious to see how others are managing their execution this week.
How are you timing entries on mid-caps right now with this NGX volatility?
Investment Strategies
Asked by Tunde Bakare · 1 week ago · 17 views
1 Answer
When dealing with the liquidity profiles of mid-caps like FIDSON or CORNERST during high-volatility regimes, market order execution often introduces unnecessary slippage that distorts your backtest metrics. Instead of chasing momentum as morning volume builds, a more systematic approach involves utilizing limit orders pegged near internal support levels and scaling in via fractional tranches to absorb the wide bid-ask spreads. Observing the order book depth during the initial auction period can also help identify true institutional accumulation versus retail noise before you commit capital on the simulator.
Amaka Chukwu · 1 week ago
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