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  1. M

    Don's Openings Pt. 2

    GM is the +8, which is net after comish.
  2. M

    Don's Openings Pt. 2

    1% envelope (half a percent on either side) fair value adjusted for beta example: spm down .47% gm close 61.00 fairvalue = (-.0047 * 1.13(beta) +1) * 61 = 60.68 buy at 60.37 sell at 60.98 (so if it opens up, or unch on uptick, you're short) stock opened and was filled long at...
  3. M

    Don's Openings Pt. 2

    got 6 fills on 11 stocks, good mix of short and long 5 wins 1 loss (+32 +32 +8 +13 +13 -6 net) net + 92 cents out by 9:53, time to walk the dog.
  4. M

    Don's Openings Pt. 2

    all out at 9:46 10 order sets, 3 fills, 3 wins (1 large, 1 medium, 1 small) + net 77 cents
  5. M

    Don's Openings Pt. 2

    Hey Don - got any pregame comments. What kind of adjustments do you make for the BDO? (bid down open)??? Obviously the sells, if not adjusted will be unfillable because they will be below yest close and the uptick rule.
  6. M

    Don's Openings Pt. 2

    all out at 9:42 10 sets of orders, 3 fills, 2 winners, 1 loss net plus 32 cents probably out a little too quickly on the winners. Also cancelled one potentially nice one due to a 5-6 minute delayed open.
  7. M

    HRB Today

    that type of action is not unusual. Today I was long gm at something .68, bid moves up to .83 offer at .89 or so, lookin' good and in a heartbeat it's .65 bid at .85. It happens. That's a pretty liquid stock, one would think, but when the specialist gets a big order, he spreads the spread to...
  8. M

    Don's Openings Pt. 2

    Ended the week nicely positive on OO trades. Trading very small right now but will probably inccrease size in a couple of days. (just gotta get equity above where I started today.) now the bad news....... down 52 cents net today, 3 fills, 2 wins 1 loss. Played SGP which was an error in...
  9. M

    Don's Openings Pt. 2

    Do you handle a day like today (sp + 10 pts) in a normal fashion in terms of the buy orders? Possibly expand the envelope a little so you aren't buying too many names that are opening higher?
  10. M

    Don's Openings Pt. 2

    yahoo finance 52.70 nyse.com 53.00 quote.com 53.00 tradestation 6 daily chart 53.00 Now here are the prints off the tick chart 8:30 53.00 15000 shares 8:30 52.70 2000 shares 8:30 52.71 500 shares 8:31 52.85 40000 shares 8:32...
  11. M

    Don's Openings Pt. 2

    Where is a source for official NYSE historical opening prices? I use tradestation 6 for charting and often when there is a delayed open it prints some ecn trades before the stock opens and makes it hard to figure where you would have been filled.
  12. M

    Don's Openings Pt. 2

    5 fills, 4 winners (went with gm despite the upgrade) +23 -27 +12 +12 +33 (all net after comission) total +53 cents
  13. M

    Don's Openings Pt. 2

    bluesky- I suggest you go to the original thread and read all the posts. This will give you the basics of this methodology. http://www.elitetrader.com/vb/showthread.php?s=&threadid=3334 It is a mechanical entry, intuitive exit. Whether you use a hard stop or mental stop is entirely up to...
  14. M

    Don's Openings Pt. 2

    I use a 1% (.5 under .5 over) envelope and don't mess with it too much. I adjust my fair value calc for each individual stock's beta. Today was filled on axp, bac, and sbc, all short. Lost 6 cents on axp, it kept going up. Lost 15 cents on bac, was a little slow to get out, it kept going up...
  15. M

    Don's Openings Pt. 2

    lost 30 cents net after commission, 3 fills, 3 losers, all short put in orders on 9 stocks. the ib limit on open orders are working.
  16. M

    March Trading Journals

    It is there, but when you open the order dialog box and select "opg" in the time inforce dropdown, it changes the order from limit to market, and then you have to change it back to limit. Watch out for this.
  17. M

    Don's Opening's Journal....

    + 49 cents net after comish 9 order sets, 3 fills, 2 win 1 scratch think I'll keep doing this.
  18. M

    IB Quote Problems

    I had same problems. Went down to 753.5 from 754.2, and had no problems today. It seems to be a stocks only problem, not effecting futures. Go to one of the links in the previous posts and download an older version. You should be ok.
  19. M

    See what we look like

    I am not a square. I am cool. I am Maynard.
  20. M

    Don's Opening's Journal....

    8 sets of orders, 3 fills, 3 wins, plus 20 cents after comish. all out by 9:40 - 6 game win streak in progress. however, left a bundle on the table- great day for taking partials at target and letting remainder ride a little.
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