Timeline for Live trading strategies developed on daily data
Current License: CC BY-SA 4.0
3 events
| when toggle format | what | by | license | comment | |
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| Nov 15, 2019 at 4:34 | comment | added | Richard at NorgateData | In various parts of the world, a stock is available to trade on multiple exchanges. The "open" therefore has multiple meanings. On a consolidated tape basis, the open represents the first reported trade. On the primary listing exchange, is often done via an opening auction or driven by a market maker, and they may open the market seconds or minutes later than the opening bell. A similar auction takes place on the closing bell, but this time the primary listing exchange close is the arbiter of the close price (if there's enough liquidity for an auction). | |
| Nov 15, 2019 at 4:28 | comment | added | dynamic89 | Sure but if the model is trained using daily closing prices of the stock and I only get a signal by the end of the day (that's when a new data point comes in). Then when I put in an order the market is already closed. I see a lot of papers using daily closing prices instead of opening prices, is there a reason? | |
| Nov 15, 2019 at 4:24 | history | answered | Theodore | CC BY-SA 4.0 |