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MarketTrak Question/Comment Message |
Posted By: Stan Date: Mon Jan 7, 2008 |
Title: False email message? |
Message: |
Response: Stan, The trading position shown on the forecast page is the position at the close for "Market Data Entry" date shown. This position will hold up to the close of the next trading day. The position is determined by the delayed ANO value which is input to the trading model. Since the last market data entry was Friday, the delayed ANO value (the value five days previous) for this date is: 0.000586. This means that the LONG trading position will hold up to the close on Monday. Now, if you look at the table at the end of the forecast page, you will see that the next ANO value is: 0.000467 which is below the CASH set point of 0.0005. This means that the model will go to cash at the close today (Monday). This is a little confusing so I will fix this in the next model update. I usually give more warning of a position change but I didn't notice this was going to happen until this afternoon. The position change will be brief as the model will go back to LONG at the close tomorrow. This is because the delayed ANO value for tomorrow is: 0.001123, which is above the CASH set point. Rich Tuesday, January 8 Update: I modified the format of the forecast page summary. Trading position changes are now clearly indicated. |