Overnight FTSE MIB Strategy: Buy at the Close and Sell After the Open

Summary

The document describes a simple timed long strategy for the FTSE MIB: enter at market at 17:30, near the close, and exit at market at 09:15 the following morning, shortly after the next session opens. The supplied rules use a single contract and trigger entry and exit based on the clock. This creates an overnight holding period, but the document provides no backtest results, trade statistics, or explanation for why these times should produce an advantage.

The author specifically says overnight fees should be calculated to make comparisons with live trading more realistic. The example also leaves other practical assumptions unspecified, including slippage, market availability at the stated times, contract details, and how holidays or missing sessions are handled. It is therefore a basic timing rule that requires evaluation under realistic costs and execution assumptions before its trading merits can be assessed.

Key ideas

• The strategy enters a long FTSE MIB position at market at 17:30.
• It exits the position at market at 09:15 on the following trading day.
• The example specifies a one-contract position and uses fixed time triggers.
• Overnight fees should be included when evaluating live-trading comparability.
• The document gives no performance evidence or complete execution assumptions.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.