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I used to do engineering and I hated to get up in the morning to go to work because I just wasn't into it anymore. That said, I can't wait to get up in the morning to start trading (even before I started to make money consistently-took one full year to do so). Also, I love to study my trades...

I think OO orders work, but you need to do some homework with them. I know that oversold stocks that gap down tend to do better than overbought stocks that gap down (this is a general rule). As an example, I was filled on FRE (long) three days in a row last May and it didn't really work well...

What a strange opening. I only sent longs today and getting WYE and LLL was a surprise because I knew they had good earnings so I wasn't expecting to get them long, but it just shows that you never know how the market will interpret news until the stock starts trading for the day. Also got WEN...

I have struggled with losing days since I started trading last year. My big problem is that I would make a few hundred bucks several days in a row, but on the next losing day, whoa boy would the wheels unravel and I would give back 75% to sometimes 100% of the previous days profits. This was...

Anybody get MO on REDI today? This is a new one for me, I got filled on MO before the market opened (at 9:29:52 according to REDI) and then in the REDI montage it showed the opening price to be 39.50, whereas in my message window it said I was filled at 39.40. I am thinking maybe the clock is...

This is a very interesting chart. If I interpret it correctly, the US stock market should be in for a downturn sometime in the Fall. Also, what I find interesting about the US stock market bubble is that it is taking much longer for it to unwind (at least the S&P/DOW portion, not the Naz) than...

Nice job on LXK.

So traders don't create "stuff" that can be bought at Wal-Mart, big deal. What makes a corporation, thats only sole reason for being in existence is to make a profit (and sometimes at the expense of others) any better than a trader, who's sole existence is to also make a profit? The best way...

Tony, do you kill losers manually or let the automation take care of it? I started experimenting with using automation to exit my fills (both winners and losers) back in May and found that I was getting big slippage on my losers. I quit doing automated stops and found that killing losers...

The one in Queens, I brought that up instead of Sept. 11th because the Queens crash was much closer to the opening than the first crash on the 11th

Yes, this is a very valid point Nitro. I would like to know what happened with the openings the day the market crashed in October 1987. Also, didn't a jetliner crash in NYC in I think it was November 2001 a few minutes before the market opened? What would have happened if the plane crashed at...

I was looking around this thread to see if there have been any discussions on the seasonality of opeing orders and could not find anything. I have heard that opeings work the best during July and August, but do not know if this is true. I remember last summer that they did work really well...

When I first started doing opening orders I would try for 0.10 to 0.20 profit per stock. However, it seemed like I was only breaking even to making a little money. So since the middle of May I have been trying to hold the winners longer (sometimes for a few hours if the trade is going in the...