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Stocks can tick upwards (between close and open) and there may be more up days than down days destroying your strategy
by zooq_ai 2y ago
Stocks can tick upwards (between close and open) and there may be more up days than down days destroying your strategy
- arcza 2y agoCorrect but respectfully I think you didn't read the post fully. I mentioned within I'd hedge by buying an equal dollar amount of NDX futures which makes it a bit more beta neutral. If those stocks rise, so does the NDX, and my losses on the shorts are offset. But the whole thing won't work anyways due to high trading costs. Unless somehow you can make markets very well at huge scale.