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Two reactions:
- As long as average profit > transaction cost, net profit will increase.
Even if average profit falls, you can have a system where total net profit
increases
- Just wondering why EOD is the magic number? Why not weekly then or
monthly?
I DO have an intra-day system. It's net profit is higher than my EOD
system.
I just don't want people to blindly assume EOD good intra-day bad. It all
depends on the trading approach and the trading results.
Remember Animal Farm: Four legs good, two legs bad :-))
That's all,
n
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