A reader recently suggested leaving the limit orders for a mean reversion trade on for a couple of days. Typically, these orders are good only for one day unless the stock sets up again. I did not think that this would help but as I always tell my consulting clients when they ask me if an idea will work or not, “I am always surprised but what works and what doesn’t, so I test everything and let the numbers decide.” My expectation would be higher exposure but will this lead to higher returns?
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