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No opening orders today. Had a bit of system trouble, plus some tweaking on the opening order criteria. WOULD have had a good day if I had left them in. SPYs are Killing me. I can't BUY a winning trade. I am really getting upset. Today my wife asked me if I should really be doing this...

Did a little better today. Was busy elsewhere during the doldrums, that probably helped. Opening orders went ok, had to close em before 10AM numbers, or I would have probably gotten a bit more. But, can't complain. SPY trades went as per usual, but I felt better even so. The one trade...

Here is th SPY chart for those that are strong of heart.

Did a little better today, was not as wild. But unfortunately the result was still red. Had one fill on opening orders, got .25 from WYE. SPY trades still leave something to be desired. :( But it was close.... a couple of better moves on my part, and we would have done some good...

wan2BTrader, Thanks, That makes some sense. In my real world (admittedly limited) experience, I have had some unpleasant experiences with high Beta stocks, hence the question. I have had high Beta stocks get very skewed on gap days. Skewed to the point that, as an example, the short...

Nitro, I am asking because I can't see where Beta comes into Fair Value. I thought Fair Value was... well.... Fair Value. I can see where Beta would be a factor in how far and how fast it moved after it started trading, but I don't see the Beta effect BEFORE it starts trading. That...

Question for Don, Robert or anyone. Why is a stocks Beta a factor in determining the Fair Value of a stock? Thanks,

Publias, Thanks for posting the link to the random generator. Another lightbulb just lit (dimly). I am an engineer (not the best professional background for a wannabe trader) and I can "see" stuff on charts. You can talk til you are blue in the face, and many times I won't have a...

Looking forward to the routing article.

Let me be the umteenth to congratulate Darkhorse for an excellent post.

the spy spreadsheet

The spy chart..

Another bad day.. Opening orders went ok, but then I started the SPY.... Just confused, bedeviled, bemused, bewitched, besotted, bewildered, and screwed up. And I overtraded. Look at the SPY chart only if you have a strong stomach.

OK for opening orders. Lost a bit of profit in BHI and SLB trying for more. Need to set my slingshot prices a bit more realistically. My SPY trades were a study in frustration. I was plagued by indecision, hesitancy, bad timing..... et al. Missed all the good moves, even though I was...

First day back.. bad day. Got two losers from the getgo on opening orders, one of which should have been scratched. And I messed up my spy trades right and left.. Looks like I need to settle down and concentrate. Won't be posting charts for a while... still real uncomfortable...

2nd day home, still very sore. can't sit much, gotta stand and type.. won't be trading for a few days. things went ok... but it was kind of rough. don't do this if you can avoid it. later,

One quick post before I go take a shower using some gosh awful soap they gave me. Opening orders: ACE: +.30 (should have been much more) COC: +.30 BR: +.20 (should have been much more) COX: +.19 and, there is always one that doesn't get the word: DHI: -.13 (but...

Missed all opening orders, had system problems. That is to say, I fouled up the system. Erased my order entry macro... duh.. Traded the SPY's 4 times... 1 good entry, 1 lucky trade, 1 fair entry, and one unlucky trade. And an unfortunate reluctance to enter that last run up. :mad...

Stressed for time so I'll just tell you what happened. Opening orders: GE -.20 EDS -.60 RD -.17 All shorts. Canceled all shorts after I got these within about 20 seconds of the open. Got no buys, had my envelope spread...

Donkell, Glassinc, Thanks for posting. Every little bit of input adds to solving the puzzle. Right now I am only trading the NYSE stocks during opening orders. Occasionally I may do a followup trade from an open order, but that is rare. I just plain don't like the specialist system. I...