Sorry if this was already answered somewhere here...but to
be absolutely clear - is this what you Matt want us to do - if the
trigger has to do with "closing price" you want us to try to buy
after hours? (this is not you, but what some people here think you
mean). Does your back-testing and experience use this data? not
trying to be nit-picking here, but if the stats etc. were all done
on regular trading hours, then I don't think it's right to just
extend it into after-hours, liquid or not - especially in
conjunction with the recent notes about silver about possible
manipulation etc. in the twilight zone with no volume! I am also
keeping in mind that the exits from the system are defined (for
Longs) as "next open" not after-hours, which means after-hours is
not really relevant.
May I suggest politely, that perhaps we need a little more
clarification on this subject.
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Title: Matt - buy after
SPY system additional
Posted by pdani on 4th of May 2011 at 04:46 pm
Sorry if this was already answered somewhere here...but to be absolutely clear - is this what you Matt want us to do - if the trigger has to do with "closing price" you want us to try to buy after hours? (this is not you, but what some people here think you mean). Does your back-testing and experience use this data? not trying to be nit-picking here, but if the stats etc. were all done on regular trading hours, then I don't think it's right to just extend it into after-hours, liquid or not - especially in conjunction with the recent notes about silver about possible manipulation etc. in the twilight zone with no volume! I am also keeping in mind that the exits from the system are defined (for Longs) as "next open" not after-hours, which means after-hours is not really relevant.
May I suggest politely, that perhaps we need a little more clarification on this subject.