Posted by seadelight on 3rd of Jun 2011 at 04:58 pm
I am using Trade Station and I just enter a buy (or sell)
at market on close order a few minutes before 4:pm EST.
My order went through today as the clock struck 4 and my
price was 130.40.
As an aside, I'm never sure if that is the "official closing
price" since the TS price is 130.43 on my 15 min chart and 130.42
on my daily chart. On stockcharts.com it's 130.42 and on
freestockcharts it's 130.43. In any case my 130.40 is better
so I'm happy.
I have used the market on close order since starting this system
and have been happy with the results so far.
George
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buy on close
Trade entry for SPY swing system
Posted by seadelight on 3rd of Jun 2011 at 04:58 pm
I am using Trade Station and I just enter a buy (or sell) at market on close order a few minutes before 4:pm EST. My order went through today as the clock struck 4 and my price was 130.40.
As an aside, I'm never sure if that is the "official closing price" since the TS price is 130.43 on my 15 min chart and 130.42 on my daily chart. On stockcharts.com it's 130.42 and on freestockcharts it's 130.43. In any case my 130.40 is better so I'm happy.
I have used the market on close order since starting this system and have been happy with the results so far.
George