Transcript
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So far we’ve only been looking at intraday trading. Now let’s see what happens when you hold onto data longer. Let's say I want to buy one day and then sell at the next days open. Notice what happened. I don’t have data from March 17th any longer. My last day is March 16th. What happened? I’m getting into a trade on March 16, but I’m not exiting until the next trading day. We can only analyze a trade if we have data for the day we are entering and on the day we are exiting. Notice that the OddsMaker report shows the entry day for each trade, not necessarily the exit day. As you request longer hold times, you will not be able to see as many trading days. Let's say I want to hold onto the stock for the day I bought it, plus one full day, then exit at the open of the next day. Now you can see that the report stops one day earlier. You can use the “skip” setting with the longer term trading, just like we did for our day trades. Now you can see that the report stops two days earlier. You can also exit at the close. There is just one thing to remember. If you say to hold for 1 day and then exit at the open or you say to hold for 2 days and exit at the close you are still exiting on the same calendar day. I know this can seem tricky at first. Don’t let all these choices overwhelm you. If you want to get the maximum amount of data, remember to select a very large number of days. And if you’re not sure which days you’re looking at, just look at the dates in the daily summary.