Search results

  1. A

    The Opening Orders Thread

    thanks for the assistance!
  2. A

    The Opening Orders Thread

    This morning I came up with the following numbers on DEO: Bid $78.72 and Offer $79.5 DEO opened at $80.35 Question: Had I entered both orders for 500 shares which price would I have received on the trade? Would I have been filled with a short position at $80.35? Thank you for...
  3. A

    Trader P/L 2007

    Mustard is off the hotdog...kid needs a break
  4. A

    Writing a Contract to Manage Money

    Hey friend, if you are having problems with a account management agreement, wait until you draft a Limited Liability Operating Agreement!
  5. A

    p/l thread 2007 skeptics and detractors

    Hey friend, whats the problem with me trading 20000 shares a day and making $499 and you trading 400,000 shares a day to make $5,000?
  6. A

    Are we headed for a crash?

    "...market scales a wall of worry".
  7. A

    What happens to a MOC if stop hit in last 10 minutes?

    My firm's policy is we are fined on a violation of the rule... disgorge any profit, and eat 100% loss. I am trying to avoid violating the rule, and avoid getting stopped out and being filled on the uncancellable MOC. Either I cancel all stops right around 12:40 and go into the last 20...
  8. A

    What happens to a MOC if stop hit in last 10 minutes?

    Sam, Surdo, Jsmith, shreddog...thanks for your insights and suggestions, appreciate the help.
  9. A

    Trader P/L 2007

    Turned my monitor upside down, seemed to help...
  10. A

    What happens to a MOC if stop hit in last 10 minutes?

    Jsmith, I trade 10-20 names long and 10-20 names short in a market neutral strategy. I have used Anvil at Assent, Laser at Genesis, RealTic and Redi+ at Bear Stearns before Goldman purchased them. I am at a prop firm, and like most their platforms are circa 1998, buy/sell/short. I am...
  11. A

    What happens to a MOC if stop hit in last 10 minutes?

    Thanks for the reply, What you guys are saying is... between the time the original short gets stopped out and the close, i should simply short a second lot to offset the incancellable buy-to cover MOC, right?
  12. A

    What happens to a MOC if stop hit in last 10 minutes?

    Wondered if I can get a little help with this: I am developing a automated order ex application which enters trades MOO and closes them MOC. Protective stops are generated as I get filled a few minutes after the open. At the same time MOC orders are sent to flatten all positions at the...
  13. A

    Trader P/L 2007

    Consistently letting one or two bad trades with story stocks wipe out all my gains. +2800 to end at -855
  14. A

    Trader P/L 2007

    Squeezed out of two shorts BSC and GS at the high for the day....had I held on it would have been +8000 instead of -3350
  15. A

    Trader P/L 2007

    Battled back from a loss
  16. A

    Starting a small Hedge Fund??

    Friend, it is what it is. I hired Paul Hastings to form my registered investment advisor, along with my long/short equity fund in 1999. I paid $14k + a $5k retainer. My work ended up costing a abit more due the fact that I needed to register as a state registered RIA. This isn't always...
  17. A

    Trader P/L 2007

    My best days seem to always be followed by my worst
  18. A

    Trader P/L 2007

    platform goes down minutes after the open, cant see my orders/cancels or fills, keep hammering to get flat, log on log off repeatedly. Now I am way too long, instead of flat when platform comes back from the dead. Meanwhile try and reach my manager..,he is on vacation this week, left me a...
  19. A

    Starting a small Hedge Fund??

    Soros, Robertson, Steinhardt, Bacon, and many, many very successful managers started the same traditional route. In fact there is a MBS fund here in California, two guys, great experience, backed by friends family with $5mm last Nov 2006, that was formed to short the sub-prime index, and they...
  20. A

    Starting a small Hedge Fund??

    Snook, Green isn't the way to go. $5mm gives you a critical mass to do it right. Even if you plan on staying small, you should shoot for 'best practices' from the get go. If you do well and begin receiving institutional interest the fact that you used hallmark firms will serve you well in the...
Back
Top