I don't know, I have not computed it, you can do it with the
numbers. It's possible the 2nd entry via SSO made the overall trade
slightly positive but probably just slight
Posted by bfosterpdx on 6th of Jul 2018 at 01:21 pm
I managed to snatch defeat from the jaws of victory by exiting
at the close last night instead of this mornings bounce. My not
responding quickly enough to the buy messages also lessens
profitability. I'm one that would benefit from any automation of
the systems, or perhaps options as your contemplating. Thanks for
continuing to refine your systems!
Yes on days when the system is set to exit on the open, one
thing I've talked about before is that you can see how the open
goes, if it looks like it's gonna be a trend day, consider not
selling the open and hold with a tight stop.
When markets gap up you generally have a good idea pretty
quickly if that gap is gonna hold or not. One can apply a 15
min gap rule, if the lows during the first 15 min are not taken
out, many times the gap holds. So instead of just selling the
open the market gaps up nicely consider not selling the open
immediately and see how the tap is, if it looks good you can get a
MUCH better price such as today how the market gap and continued to
go higher.
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The second trade was leveraged
Posted by torvix on 6th of Jul 2018 at 12:46 pm
The second trade was leveraged but the first one was at a loss. Did that make the overall trade a loser this time?
I don't know, I have
Posted by matt on 6th of Jul 2018 at 01:14 pm
I don't know, I have not computed it, you can do it with the numbers. It's possible the 2nd entry via SSO made the overall trade slightly positive but probably just slight
I managed to snatch defeat
Posted by bfosterpdx on 6th of Jul 2018 at 01:21 pm
I managed to snatch defeat from the jaws of victory by exiting at the close last night instead of this mornings bounce. My not responding quickly enough to the buy messages also lessens profitability. I'm one that would benefit from any automation of the systems, or perhaps options as your contemplating. Thanks for continuing to refine your systems!
Yes on days when the
Posted by matt on 6th of Jul 2018 at 01:24 pm
Yes on days when the system is set to exit on the open, one thing I've talked about before is that you can see how the open goes, if it looks like it's gonna be a trend day, consider not selling the open and hold with a tight stop.
When markets gap up you generally have a good idea pretty quickly if that gap is gonna hold or not. One can apply a 15 min gap rule, if the lows during the first 15 min are not taken out, many times the gap holds. So instead of just selling the open the market gaps up nicely consider not selling the open immediately and see how the tap is, if it looks good you can get a MUCH better price such as today how the market gap and continued to go higher.