Closing price strategy (buy/sell-on-close strategy)
The buying or selling on a stock exchange towards the close of the trading session (the buying or selling at the end of the trading session at a price within the closing range). This contrasts with the policy of making a trade in the opening range (to buy or sell at the beginning of a trading session at a price within the opening range). – See Late Trading, Market Timing, Scalper.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
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