i hate these reports, i wish everything came out b4 the market opened.
the first hour is where the most opportunity for profit is... but I have to stay out due to this report.. don't want any illiquid stocks gapping 50 cents on me.
I think when you enter the market, you trade what you think, when you exit, you trade what you see.
If you think something will go up and you buy it and it doesn't, you sell. Make sense? This should satisfy those with an appetite for word jugglery
Symbol P&L
8.5 (gross)
AMG -13
BSC -4
CTX 64.5
DHR 89
FDX -28
GDW -33
IR -49
ITW 19
LEA -28
RE -9
Shares traded
5400
Bullets
600
I need an profit taking plan.
I got a loss taking plan, but when the profits came rolling in today, i was like a deer...
145.5 (gross)
AGN 7
BSC -38
FDX -26
GDW 17
IR -10
KBH 185
LEN 10.5
Shares traded
4100
Bullets
600
KBH, what can I say. I'm still bullish on FDX and GDW, but not holding overnights yet. If either of those open where they closed, i'll be a buyer tomorrow.
Okwon, I'm trading 100 shares per stock.
NKNY, I don't have a time frame. I'm using the tape to tell me when to get in. I only have a small chart in the corner of my screen to tell me whether the stock is in an uptrend, downtrend, or chop. I can handle about 4 positions at a time and...
Mecro, Hayman,
I apologize if I was misleading when speaking of order ID's. I don't know the in's and out's of whats on the specialist book. I just assumed it was that way because I trade very thin stocks. Sometimes a stock won't even print for 5 minutes. I figured the specialist could...
I have never been screwed by a specialist. Usually people blame the specialist, when really they are just on the wrong side of the market.
I stay away from high volume stocks because there is too much competition.
If you traded the names I trade, like XL, MBT, BSC, you would see that...