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    Opening Orders - 2008

    First opening I did for a while. Nice long in GE but got out before the move to 25 and even 25.20. Small loss short DUK. I know, cancel shorts on large gap downs....
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    Experienced trader needs advice!

    It's a big pain but, you can work full time some night and weekends job, and trade in the am or even all day. The CC debt tho is a bit hard, $900 a month expenses is doable tho for a single dude.
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    Trading size kill

    One thing I have done is take the amount of money I have over the PDT rule and use a percentage of that as my dollar risk amount, scaling my share size so that if my original stop is hit, I only lose that amount of money. As I grow my account I can increase my size fast or slow depending on how...
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    Opinions on "TigerDirect"

    It wasn't the build, more getting all my software working and then dealing with getting video cards running. IT was a learning curve also. My second mistake besides the Nvidia was Win Xp pro 64 bit, I had to find a lot of work arounds for device drivers. It's nice to have 4 gigs of RAM I guess...
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    Opinions on "TigerDirect"

    I recently built my first computer from scratch after getting burned with some Dell junk and realizing that my shop built computer from off the shelf parts was still running well 5 years on because it was built for me with all decent parts in the first place. I bought most of the stuff from...
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    Any traders in Upstate New York?

    I'm in Washington County right near Vermont.
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    Opening Orders - 2008

    Not a bad idea to be chill on extraordinary market conditions. This opening thing doesn't seem like it is for super home runs. Maybe for someone doing it for years I'm sure they could make that happen in these conditions.
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    Opening Orders - 2008

    FWIW, using MB Trading, I have just about no shorts in anything available as of today. Maybe this will improve. I mean none. Oh well. Retail.
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    Opening Orders - 2008

    Cool, if you guys hear anything, if you could post in here I would appreciate it, thanks.
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    Opening Orders - 2008

    .23 on GE long, I got filled long at 23.82 and sold 8 seconds later at 24.05 lol. Loved that. Sold T at 29.49 covered at 29.43, sold DUK at 17.85 covered 17.89. What up with this naked shorting thing, I hope it doesn't make shorts more difficult to find. You can't naked short anyway! I...
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    Opening Orders - 2008

    I've been watching GE, all of a sudden it turned into a different stock, almost like it's some oil stock. I hope your GE guys took it easy.
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    Opening Orders - 2008

    I skipped doing openings, not sure what I was in for with this market news stuff. Maybe it would've been fine to do my openings tho.
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    Opening Orders - 2008

    Well, this happens a lot in my rural area. I have a battery backup but my internet will go down if the power does. I might route this old computer and use it during the day tho to be honest I have never had operating system issues, just my lousy Dell experience. I do regularly close things...
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    Opening Orders - 2008

    I had to resort to my older computer this weekend when my junk Dell finally bit the dust. Never Dell. Then at 9.25am I realized I was using an older version of my brokers software, and with this monster gap up I could just see it failing to execute or something weird, so I canceled all...
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    Opening Orders - 2008

    3 fills, Short PFE 19.50 covered 19.43 53 seconds later, long GE 28.36 sold 28.38 55 seconds later, long HD 28.77 sold 28.76 20 seconds later. Total +.08. It's interesting to do such a specific trading strategy the last couple of months since my trip to Las Vegas, it has changed my other...
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    Opening Orders - 2008

    Filled short PFE at 19.27 at 9.30.31am and exited 19.27 at 9.31.14 because it didn't move in my favor. Yes it did move down lower a few minutes later but I think that would've been another trade, not sure, need more experience.
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    Opening Orders - 2008

    Today I had some fills finally, I widened my parameters to .5 because I didn't want to get filled at value by mistake. So I got GE at 28.75, PFE 19.44 and KO 52.94 all short. I was up .40 in KO instantly, which I have noticed is how these seem to work when they work best. I saw that PFE and...
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    Opening Orders - 2008

    I think COH was a good example of what he means. COH opened with a gap down and had a trend down during the day. The holding period for a COH short would be much longer compared to what is going on with opening orders. It's possible there was even a small profitable long trade with COH if you...
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    Opening Orders - 2008

    That would be a different strategy. The idea with the opening order tactic is to first figure out where the stock should be opening using the previous day close and add or subtracting a premium percentage based on where the futures are trading in the current day premarket. Then you bracket that...
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    Hedge Fund Strategies

    I don't know about much but, this guy was kind enough to write a book, check out his resume, the book is interesting and you can see right away how few people or institutions can and would bother with some of these methods: he Complete Arbitrage Deskbook (Hardcover) by Stephane Reverre
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