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You might want to ensure a delay (i.e. rade at tomorrow's open) with
the following statement:
SetTradeDelays( 1, 1, 1, 1 );
--- In amibroker@xxxxxxxxxxxxxxx, "Paul Ho" <paultsho@xxx> wrote:
>
> Are you sure you haven't "look into the future" with one of your
statements
> e.g. buy on open with the price of low being known
>
> _____
>
> From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx]
On Behalf
> Of intermilan04
> Sent: Tuesday, 15 August 2006 4:31 PM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] Buying at open -- In Real Life
>
>
>
> Hi all,
>
> I'm just curious if anyone here are buying and selling securities at
> the open with market orders, i.e. orders are placed BEFORE MARKET
OPEN
> and they get executed as soon as the market opens.
>
> I have noticed that buying at the open might help you get cheap
> shares, but the reverse is also true...you might sell your shares at
> really bad bids.
>
> The reason why I'm bringing it up is, my system on Amibroker is
> designed to trade at the open. And strangely enough, my system isn't
> doing too well ever since I started using it...perhaps it's because
> I'm getting bad bids and asks by placing market orders overnight?
>
> I'm not quite sure how the first trade occurs, in theory I sell to
the
> highest bidder but with low liquidity of pre-market trading, what if
> the highest bid is absurdly low?
>
> Any thoughts on this is greatly appreciated.
>
> Regards,
>
> intermilan04
>
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