Closed on 04/15/09. See final comments below.
Add a parameter to the buy and sell rules for Rank Position. For example, if a stock appears #10 in the ranking system chart, it would have a Rank Position of 10. You could use this in sell rules. You might not want to sell a stock due to a trailing stop, or to take profits, if its rank position is very high. The sim will probably just buy it back right away.
Results: Total score: 25 , # of Votes: 9 , Average: 2.8
16 (4)
6 (2)
3 (3)
Scores are calculated as (importance) × (# of votes), where importance ranges from 1 to 4.
Final Comments
RankPos is now available under FUNCTIONS->RANKING & SORTING->RankPos
Requested by: BJS
On date: 01/24/06
Category: Simulation