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Hi Bob,
I have found the section and have read it though.
Thanks very much.
Regards,
----- Original Message -----
From: "Bob Fulks" <bfulks@xxxxxxxxxxxx>
To: "MikeTep" <miketep@xxxxxxxxxxx>
Cc: <Omega-list@xxxxxxxxxx>
Sent: Thursday, August 22, 2002 5:43 PM
Subject: Re: TS assumption about when buy and sells occurr on same day
> >I have a daily system that has placed both buy and sell orders for the
next
> >day.
> >
> >What is the assumption that TS (4.0) makes regarding which order is
elected
> >first?
>
> See the on-line help called "Understanding How TradeStation Simulates
> Market Activity with Historical Data".
>
> If you enter on the open and exit on a stop/limit, you are OK.
>
> But if you enter and exit on stop/limit orders, your results will
> be in error.
>
> They make reasonable assumptions but any assumption will be wrong
> since the system only has four values for each day and cannot know
> the order in which they occurred.
>
> Bob Fulks
>
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