The only truly voluntary guidelines are those demanded by viewers/subscribers, who are looking for a profitable system(s) to follow that tracks the real-world as closely as possible, not those demanded by any particular individual(s) among the vendor community. As trader William Walker says, "I'm looking for as close to real world results as possible not best to hope for. Their is a big plus to traders if the system uses trade thru.
If the market hits the limit price the trader might a fill where the system will not unless it trades thru. Many times the market will pull back giving the trader an opportunity to reverse (picking up a few ticks) to get back in sync with the system. This could (and has) happen serveral times before the limit price gets the trade thru."
As Financial Consulting Inc. Says, "To avoid all this kind of discussions you could increase (for STO-orders/decrease for BTO-orders) the price limit by one tick and then execute MIT orders. By doing that you will have all ... more.
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