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    Don's Openings, Part 6 2003

    --------------------------------------------------- This was a typical week for me, only traded 4 days, made money 3 out of 4 days. Traded 98,000 shares with this strategy this week, so about 25000 shares a day average. My commission is .005 cent a share. My daily average for the year is...
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    Don's Openings, Part 6 2003

    Glad this month is over for me. Net gain versus loss 3:1 11 winning days, 4 losers but one of those losing days was a big one that really hurt my net gain. Last month my gain versus loss was 9:1. Still a gain is a gain. This week wasn't too good. 2 losing days. I figure not much...
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    Las Vegas Trading expo

    ---------------------------------------------------------------- Just an FYI: Don posted some commentary on bullets on his opening orders journal yesterday. C U guys in Vegas.
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    Don's Openings, Part 6 2003

    AGGHHH, It's days like today that make me not want to go to Vegas to take the Donster up on his free drink offer and miss trading opportunities. 16 fills today. 5 losers 1 breakeven and 10 winners. The best thing was that my losers were on my low volume/low share quantity stocks and my big...
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    Bulletts?

    Echo has a exchange member in their office today and he is checking on it for them. Looks like they are going away. :(
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    Las Vegas Trading expo

    ------------------------------------------------------------ OK Now we have the meeting place. Now we just need a time. I say we take the Donster up on his drink offer at 4:00 Friday. That still would give people time to go out on their own in sin city afterwards.
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    Don's Openings, Part 6 2003

    Lot's of base hits today. 14 fills. 9 winners 5 losers. Had a single (small winner) that could have been a Grand Slammer ($1 mover). Definently looking forward to a Vegas break and chattin with the Donster. Don said that he is buying a round on another thread. Hope all 20,000 ET'ers show...
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    Don's Openings, Part 6 2003

    I also follow Lescor's method. I keep a daily journal of wins/losses and break evens and adjust my stocks accordingly. Also if I notice a trend then I start to lower my share quantity. HD is my most recent example. My historical win/loss percentage was about 60/40 (not that good but...
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    Don's Openings, Part 6 2003

    Today, 3 fills-3 winners. Because of HIG's loss yesterday I only ended up with a small profit for the week. Question for Don, You say you don't place stop losses because of the specialist and shakeouts, well what if you have a trading system that only sends a market order after the stock...
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    Don's Openings, Part 6 2003

    AGGGGHHH, went from having a pretty decent day to a flat out ugly one because of HIG which gapped from being a 20 cent winner to a dollar loser. Covered it with an 80 cent loss after it pulled back. It was an ugly move. In total 7 winners 4 losers but that one stock killed me today.
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    Does IB trade against our orders?

    It is easier for people to believe that their broker is working against them then to believe that they made a bad trade. I have seen the same conspiracy theories said about other brokers and it just isn't so. Your broker isn't going to buy/sell thousands if not tens of thousands of shares just...
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    Don's Openings, Part 6 2003

    13 winning days, 4 losers, 117 fills, Did not keep track of the number of winners versus losers but will start this month. To me the bottom line is total profit/loss. My profit/loss versus loss (drawdown) rate was a solid 9 to 1. This month is starting out ok but Honeywell shook me out...
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    Don's Openings, Part 6 2003

    6 fills, 3 winners, 2 losers, 1 break even. +.70 Wish I would have rode my shorts out a little longer but profits are profits. Don, Do you have your people adjust the size of their envelopes when the futures change is large?
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    Don's Openings, Part 6 2003

    ------------------------------------ Just my 2 cents, Doubling down on a losing position is a sure fire way to lose more. A strategy that I do employ from time to time though is to add to winning positions and place a stop where I will still make money if it turns against me. No openings...
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    Don's Openings, Part 6 2003

    ----------------------------------- Tony, when things are not going your way I think you should just step aside and take a break. Especially with what is going on in So Cal right now, make a roadtrip and get away for a couple of days. Why not head over to Phoenix and sit in with the guys in...
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    Don's Openings, Part 6 2003

    7 fiils, 4 losers, 3 winners but all were big movers right from the open. Took out all the merger stocks but other stocks moved in sympathy with them I guess. Starting out the week down but not out. Already recouped most of my opening losses with the predator pro envelope strategy. Anyone...
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    Don's Openings, Part 6 2003

    Re: ibm -------------------------------------------------------------------------------- Quote from GATrader: Don, would you use the tape of ibm options as a short term indicator of ibm if the option pits dominate the ibm action...
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    Don's Openings, Part 6 2003

    Lots of earnings out today so cancelled out a lot of orders. Even so I still had 4 fills on non earnings stocks. 3 longs, 1 short. All were positive although two of them took forever to make a move, missed one really good mover by getting stopped out to fast although because of other industry...
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    EchoTrade Reliability

    The only problems that I have had recently has been with using separate software using Orca on Predator Pro. Every once in awhile it won't price all the securities correctly before the open. As a fallback at least I have the old opening order spreadsheet open and ready to fire off if need be...
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    Don's Openings, Part 6 2003

    I think they are doing a little too much of busting your chops. I checked a couple of different sources about CE news. It was not ALL over the news. I dont have CE in my list. Too small a stock IMHO. Another day like yesterday for me, 11 fills, 6 winners, 3 losers, 1 break even. Small...
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