Steve2 Elite    Posts: 750 Joined: 10/11/2012 Location: Annapolis, MD  User Profile | Hi Fred, IB is my broker but I haven't tried submitting pre-market or post-market orders. As the spreadsheets posted in this thread show, I've only used market orders submitted before market open (but executed at market open) and day limit orders at the previous trading day's close. Since I'm able to on-average match OV's entry/exit prices using market orders submitted before market open, I'm sticking with them. Submitting day limit orders at the previous trading day's close does handily beat OV's entry points but, as you point out, there can be a number of unfilled orders. In the 6 weeks that I tried this, the lost profit from the unfilled orders outweighed the gain from beating OV entry points but 6 weeks is not really much of a test. Ed, indicated at one point that they will add limit orders to OV so we will eventually be able to simulate the impact of this. If you do try submitting pre-market orders, I'd be very interested in knowing how it works. Steve | |
