you are saying to just have all the systems execute at the close
like the SPY instead of bothering with next day open, let them
trigger at the close - then sometime after the market email out
saying IWM, and QQQ took a trade etc. Because from a logistics
standpoint I couldn't issue the trades for all of these like I do
with the SPY. For me after hrs is no big deal - heck most of
those trades I enter in after hrs anyway. But the issue here
is that the trades would always be well after the market
close maybe 15 and 30 min or longer because I wouldn't keep the
workspaces open during the day for stability, and then would open
them all up after hrs to see what triggered.
The point here is that all the signals would be well after the
close. For you guys that's really no big deal (except for options
of course) - but if I tried to market this to a wider audience,
there's a lot of people that wouldn't like that every one of the
trades would have to be executed in after hrs - especially if it's
all the trades. I was thinking that the next day open might have
more appeal to a wider audience. And, it's less work on me because
I don't need to have an urgent need to try and confirm all those
trades after the close - I can leisurely do it - look them over,
maybe run a quick backtest to test something if I wanted to - then
send the trade notification email out that evening.
Posted by focus175 on 19th of May 2022 at 06:44 pm
I love the chance to be able to utilize the systems for playing
IWM and the Qs in the future. I'm not able to trade the first
several hours of the day, so if you're able to send out the
notification for those in the evening the day before like you
mentioned, that'd definitely be helpful.
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Why go through this. There
The new systems next bar open trades - a unforeseen complication
Posted by jlevinthal on 19th of May 2022 at 04:12 pm
Why go through this. There is plenty of time in the aftermarket after the cash and futures close. Except for the option trades
you are saying to just
Posted by matt on 19th of May 2022 at 06:05 pm
you are saying to just have all the systems execute at the close like the SPY instead of bothering with next day open, let them trigger at the close - then sometime after the market email out saying IWM, and QQQ took a trade etc. Because from a logistics standpoint I couldn't issue the trades for all of these like I do with the SPY. For me after hrs is no big deal - heck most of those trades I enter in after hrs anyway. But the issue here is that the trades would always be well after the market close maybe 15 and 30 min or longer because I wouldn't keep the workspaces open during the day for stability, and then would open them all up after hrs to see what triggered.
The point here is that all the signals would be well after the close. For you guys that's really no big deal (except for options of course) - but if I tried to market this to a wider audience, there's a lot of people that wouldn't like that every one of the trades would have to be executed in after hrs - especially if it's all the trades. I was thinking that the next day open might have more appeal to a wider audience. And, it's less work on me because I don't need to have an urgent need to try and confirm all those trades after the close - I can leisurely do it - look them over, maybe run a quick backtest to test something if I wanted to - then send the trade notification email out that evening.
I agree Matt, next day
Posted by littlegrasshopper on 19th of May 2022 at 06:31 pm
I agree Matt, next day at the open seems like it would work better for a wider audience taking 2nd and 3rd entries with limit orders.
Great work, thank you!!
BTW, will the next VVIX signal be considered just as valid with a close above 110?
I love the chance to
Posted by focus175 on 19th of May 2022 at 06:44 pm
I love the chance to be able to utilize the systems for playing IWM and the Qs in the future. I'm not able to trade the first several hours of the day, so if you're able to send out the notification for those in the evening the day before like you mentioned, that'd definitely be helpful.