Have FIFO Need LIFO

[jcm21]

I found the thread shown below with no reply to it. The thread date is 2003. My question is exactly the same [ie] is there a way to specify LIFO?

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Have FIFO Need LIFO - Posted: 05-19-2003 05:45 PM
I am implementing a strategy that pyramids and it appears that the First In First Out (FIFO) strategy is used to close out a position. My strategy depends on a Last In First Out (LIFO) strategy to get things right. Is my observation correct that a FIFO organization is used to exit trades and if so is there a way to specify LIFO?
Thanks;
Burt
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Thanks,
Joe Miller

[ACM]

Joe
To my knowledge there currently isn't
Alex

Originally posted by jcm21
I found the thread shown below with no reply to it. The thread date is 2003. My question is exactly the same [ie] is there a way to specify LIFO?

**********START OF OLD POST
Have FIFO Need LIFO - Posted: 05-19-2003 05:45 PM
I am implementing a strategy that pyramids and it appears that the First In First Out (FIFO) strategy is used to close out a position. My strategy depends on a Last In First Out (LIFO) strategy to get things right. Is my observation correct that a FIFO organization is used to exit trades and if so is there a way to specify LIFO?
Thanks;
Burt
*********END OF OLD POST

Thanks,
Joe Miller