Quantopian's community platform is shutting down. Please read this post for more information and download your code.
Back to Community
The price to consider in Statistical Arbitrage

I am confused about what price shall I consider to trade on my Stats Arb. Strategy. Some people saying don't consider LTP(Last Traded Price) for calculation and order placement, rather consider the Bid/Ask Quote. And some are saying to stick to the LTP.

Anyone with experience please guide me.