thank you gentlemen for your food-for-thought.
I am continuing this discussion on the Intra Day forum where I now think it is more appropriate. I hope you will view it there.
Cheers
Search found 2 matches
- Tue Apr 09, 2013 5:35 am
- Forum: Testing and Simulation
- Topic: IntraDay trading: profit target or market-on-close?
- Replies: 4
- Views: 4508
- Mon Apr 08, 2013 7:26 am
- Forum: Testing and Simulation
- Topic: IntraDay trading: profit target or market-on-close?
- Replies: 4
- Views: 4508
IntraDay trading: profit target or market-on-close?
Hi - I have an intra-day trading system & I'm trying to identify the optimal balance point between closing at a specific target price R multiple versus running the position until the close & therefore bearing the risk of giving back profit but being in the market to capture tail-type large R...