Fair enough but in this case if there had been a surge of buying
at the close that meant I had entered on a "false signal" I would
think I could get out just after the close for a tiny gain (maybe
20 sec from the entry). Of course I know you wouldn't have that
option with the 15 min delay. Maybe use a different broker for this
system??
Posted by burkmere on 24th of May 2011 at 12:54 pm
Actually, even if I can't buy until 4:15 EST, it probably all
averages out...some entries would maybe be slightly higher than a "
spy system entry trade" close... But sometimes it would be
lower...my gut tells me over time..not much difference.
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Fair enough but in this
SPY system today
Posted by bkout3 on 24th of May 2011 at 12:31 pm
Fair enough but in this case if there had been a surge of buying at the close that meant I had entered on a "false signal" I would think I could get out just after the close for a tiny gain (maybe 20 sec from the entry). Of course I know you wouldn't have that option with the 15 min delay. Maybe use a different broker for this system??
Averages out....
Posted by burkmere on 24th of May 2011 at 12:54 pm
Actually, even if I can't buy until 4:15 EST, it probably all averages out...some entries would maybe be slightly higher than a " spy system entry trade" close... But sometimes it would be lower...my gut tells me over time..not much difference.