Recent content by as62705

Does anyone know much about how a firm like Lehman or Bear going out of business affected prop shops that traded through these investment banks? I'm considering joining a prop shop that trades through Goldman, but it requires a capital investment. I'm just wondering what happens when these...

Okay, got it - so the stop loss isn't a good idea. So if I subject this strategy to traditional money management and look at a risk:reward, are OPG orders more likely to give you a 1:1 risk:reward, but you are counting on many more of your fills being profitable? I guess what I've learned...

Since I'm new, I'll only share my results when they are good! :) Okay, I'll post when I remember too... Today, 3/3, +283 (I only go in with 500 shares...like I said, still new). Here's my questions to the veterens. Are you all using automated programs to get out quick (it sounds like...

Based on your postings, you guys seem to have a pretty good handle on Open-Only orders. I want to make sure I understand the stategy: 1. With a flat, or relatively "calm" opening, we are trading on the fact that while the stock may open away from where it is expected to (based on fair...