Mark Holstius Elite    Posts: 744 Joined: 10/11/2012 Location: Sleepy Hollow, IL  User Profile | What if we only took Limit Order trades, and NO MOO trades? It’s a curve fit, but I tried it with 2 Limit Order allocations using the same Limit price used in my other examples (Prev Close - 2%); At the Open, start with a Limit Order using an 8% allocation. If the Open is > the Limit $ (no entry at the Open), then lower the allocation to 6% for the rest of the day. If not filled during the day, abandon the trade (no entry). Here’s the result; Almost equal Avg % Inv (~40%), but fewer trades (6,191 vs 25,164). Also a higher Avg % / Trade (6.3% vs the 2% allocation in the “normal” OV MOO entry and exit). Notice the PPT is doubled (2.1% vs 1.0%) Might be worth investigating when we get the capability in OV since it eliminates the MOO entry problem… "I trust you’ll give me whatever price you think is appropriate". Mark [Edited by Mark Holstius on 8/14/2017 7:26 PM]  Attached file : 01 Only Limit Orders.png (58KB - 2217 downloads) |
