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Old Apr 12th, 2012, 09:25 PM   #1
keeptradin'
 
 
Join Date: Feb 2004
Posts: 1,419
Buy the Open.

Ten point target, ten point stop.

If neither is reached, MOC.

Actual trade results to be posted beginning 4/13.

Thoughts...
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Old Apr 12th, 2012, 09:30 PM   #2
empee
 
 
Join Date: Jan 2005
Posts: 1,256
intraday price action usually negative.
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Old Apr 12th, 2012, 09:31 PM   #3
keeptradin'
 
 
Join Date: Feb 2004
Posts: 1,419
Quote:
Quote from empee:

intraday price action usually negative.
Is that from backtesting?
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Old Apr 12th, 2012, 09:43 PM   #4
ocean5
 
 
Join Date: Feb 2012
Posts: 934
Quote:
Quote from keeptradin':



Thoughts...
Yes,it could be very simple if you start in October and shut it down by the end of March,then switch and repeat it all vice versa.
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Old Apr 12th, 2012, 10:36 PM   #5
dom993
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Join Date: Jul 2008
Location: Ottawa, Canada
Posts: 889
I would suspect the Day of Week has a meaningful impact on the trade outcome ... specifically, in a bull market, you'll probably see price going lower Monday / Tuesday (more losers on these days), then going higher the remainder of the week (more winners on those days) ... and the reverse in bear markets.

You could look for a similar effect for Time of Day, too.


I am sure you did backtest this, care to share these results?
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Old Apr 12th, 2012, 11:20 PM   #6
empee
 
 
Join Date: Jan 2005
Posts: 1,256
Quote:
Quote from keeptradin':

Is that from backtesting?
yes, this generally for stocks, and definately indexes
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