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trolling heh?
An obsession? I Think not. If I have 1min bars and I buy at the open
+ a few ticks on the first bar and I sell on the open + a few ticks on
the second bar my total trade time will be 1 bar + 0 to a few ticks
not 2 bars or two minutes. If you use the performance stats of
winning and losing bars and their ratios and averages this error
distorts real trading results and makes these stats worthless.
TS2000i doesn't have this error nor does any other trading platform
except TS8.1 and your non-obsessive TS apologist self.
Da Mike
On 9/12/06, DH <catapult@xxxxxxxxxxxxxxxxxx> wrote:
> Since the system reverses it trades each day going from long to short
> and the next day going from short to long The Ave bars in winning and
> Losing trades should be 1.0 NOT 2.0!
Well, that's open for debate and perhaps a matter of semantics. Market
orders execute on the open of the next bar. In the real world of orders
and executions you wouldn't catch the exact opening tick but would place
a market order once the first tick came in. So you were long on one bar
and reversed to short a few ticks after the open of the next bar. I.E.
you started the next bar with a long position and then reversed to
short. So, you could say you were long, however briefly, on two bars.
Not a big deal the way I see it unless you're the sort of person who
obsesses about such things and expects everyone else to share and agree
with your particular obsession.
--
Dennis
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