EdgeWare FastBreak Standard Version 6.2 - Manual (Page 81)

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in NAV that may indicate a distribution. If there is, then you may want to wait a few days
until FastTrack adds the distribution to the database.
Q) My account doesn’t show the same gain or loss as FastBreak when I trade with a zero
day delay?
A) The zero day delay option is a bit archaic at this point, but may be useful for those
who trade stocks/ETFs at the next day open. The zero day delay option was initially
added at user request when Fidelity Select funds had hourly pricing. Users wanted to
trade the Select funds at the next day 10:00 am pricing and the assumption was that the
10:00 am pricing would be close to the previous day close. FastBreak assumes you can
buy and sell funds on a given day at the 10:00 price that is equal to the previous day’s
closing price. If you use a one day delay and trade non-Select funds, or trade the Selects
at the 4:00 p.m. price, you should get agreement (excluding exchange fees).
Q) I notice that when I use a one day delay and get a sell signal, the gain of my trade
(TRADE GAIN %) changes the next night?
A) At the time the sell signal is given, FastBreak does not know what price you will actu-
ally get the next day at market close (if we did, we would ask for more money!); there-
fore, it assumes you get the price of the day the signal is given. The next night, it actually
knows the trade price and updates the TRADE GAIN % data in the Detail file.
Q) I notice that the DAYS HELD in the detail file is 1 to 3 days greater than I have actu-
ally held?
A) FastBreak looks ahead. After the market is closed, FastBreak knows the earliest you
can sell a fund is the next market day and it gives you credit. If today is a Friday, Fast-
Break gives you credit for Saturday, Sunday and Monday. FastBreak does not count
market holidays so you will need to track those yourself.
Q) File not found error?
A) One of the file names you used is not valid. File names need to start with a letter of
the alphabet and have up to three characters after the period.
Q) How well does the Short Trading option work?
A) We added this functionality at the suggestion of a user and have no experience with
how effective this strategy works. This option may be worth further consideration with
the FastTrack stock data base.
Q) I’m using a signal file and the signal file gave a buy (or sell) today but the Detail tab
does not show any trades happening?