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TomTwiford

Member
25
Posts: 40

Joined: 12/20/2012
Location: Houston, Tx

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Subject : RE: Strategy for Open/Close intraday trading
Posted : 7/29/2014 11:09 AM
Post #32272 - In reply to #32271

Jim, assessment of intraday bar activity would not be needed. The strategy, properly designed, would initiate trade based on prior data, and on a specific strategy setup, would enter mkt (L or S), hold the position for a intraday period of time and exit at some time during same day of entry, prior to close, or at a strategy directed time during the day.

Result would be to allow use of the additional margin capital (200% of equity) for trading the intraday strategy.

Requirements:
1. Strategy designed to enter mkt at open, hold for an intraday period up to closing, and exit during the day but prior to closing. (MOC or a specific time prior to close)
2. Trade processor would process entry order, as well as send an order for a timed, same day exit of the position.
Deleting message 32272 : RE: Strategy for Open/Close intraday trading


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