Home
» trading topics » Unforeseen Things No Testing Can Capture….
Unforeseen Things No Testing Can Capture….
| March 11, 2013 | Posted by Oddmund Grotte under trading topics |
….Happened today. Even after trading for so many years, and mostly trading US time, one of this unforeseen things happened today: Yesterday the US turned the clock one hour forward (sunday 10th of March). And yet again this comes as a total surprise to me. I thought I was paying attention to details, but obviously not enough. I missed the first 30 mins and subsequently the whole session is more or less wasted for me. All preparations down the drain! Even EOD is affected. And guess what? I’m missing one of the best days of the year for my strategies. So damned unnecessary!
I wouldn’t sweat it. On average, a day off costs just your expected value of earnings, not the actual result. Unless you plan on never taking any days off 🙁
Yes, you’re right, but this is just one of several things that detoriates a strategy compared to theoretical results.
Same thing happened to me! It is our own fault, we really should have these kind of events on a calendar.
Has happened to me, too. It’s aggravating! This year I was lucky, had no orders for the last two days 🙂
Next change is Sunday, 3 November 2013. Schedule the alarm!
http://www.timeanddate.com/worldclock/clockchange.html?n=263
We have it easy in the US since our phones/clocks get updated automatically.
Been there, done that 😉
Now, I created a Google calendar with the daylight saving time changes for the next years. See:
https://en.wikipedia.org/wiki/Daylight_saving_time_in_the_United_States
I get an email alert few days before the change. So, I can prepare. Do the same thing!