Hi everyone,
I have a cash account that I want to use to implement several of my strategies. However, I am unable to run these strategies as I have backtested on P123.
How can I go back and change my strategies so that instead of executing everything on Monday’s open, the sell orders execute on Monday’s open, while the buy orders execute on T +2?
Thanks,
Ihor
Theoretically, you could use WeekDay and NoDays:
Sample Buy Rule:
WeekDay=2 and MktCap>2000
Sample Sell Rule:
NoDays=2
That will buy something that’s above $2 billion market cap on Monday and then sell it on the second day of ownership (which is what I think you mean by T+2).
Note that this will therefore hold cash 40% of the time.
Actually I would like to do the sells on Monday, but postpone the buys until Wednesday. Would putting NoDays=2 in the buy rules do this?
The sell rule would be:
WeekDay=2
And the buy rule would be
WeekDay=4
Presumably you’d attach a “real” sell rule to that. The buy rule doesn’t need it, as all buy rules must be true for a purchase.
Thank you.