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    Don's Openings, Part 6 2003

    20 trading days. Made money 17 out of 20 days. Those 3 days were the worst 3 day losses I have ever incurred, happily they were offset by some good opening days. Could have made more the last couple of days but exited too quickly. 286 executions 544,600 shares traded in/out. Gross...
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    Don's Openings, Part 6 2003

    ---------------------------------------------------- I agree with Don. My winning percentage is too high for it to be just random so the system works. My only concern is that certain stocks may get worked over too much by Don's bootcampers all trying to exit at the same time. I'd like to...
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    Do you pay Health Insurance out of your profits?

    ------------------------------------------------------------ Echotrade does have Group health, life and dental insurance. The insurance company is Great West. The rates vary by state, I'm in Arizona and pay about $250 for medical, $50 for Dental and $6 for life insurance. I like the...
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    Don's Openings, Part 6 2003

    But unlike Don had 20 fills. .6% envelope Exited pretty quick because of thin trading today, large number of execuions and had some decent quick unrealized gains. I probably should have stayed in longer and let the winners run more. Recieved some big slippage on a few of the stocks as I...
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    Don's Openings, Part 6 2003

    --------------------------------------------------- Don, Sorry if you thought I was saying that Echo was better than Bright, that was not my intention. I was simply stating what Echo/Predator automation does. I have no idea what your automation consists of so perhaps you can tell us so that...
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    Don's Openings, Part 6 2003

    -------------------------- They are the same for every symbol, however you can exclude symbols if you want to and you can have different parameters for exiting either longs or shorts. They might be able to add that feature if it is one you want, You should send an e-mail to...
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    Don's Openings, Part 6 2003

    ----------------------------------------------------------------------------- Yes, it has been automated, Bright does it and so does Echotrade (whom I use). Check out predatorpro.com for more info on Echo's automation. With the predatorpro software you can customize it in a wide variety of...
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    Don's Openings, Part 6 2003

    --------------------------------------------------------------------------- Was a little wary of trading on a thin day but worked out o.k. 14 fills, 2 losers, 1 break even. For the week was positive everyday. Tuesday was my best day ever so it made for a Merry Christmas.
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    Don's Openings, Part 6 2003

    Lots of people attack Don constantly. I don't trade through Bright but I do trade openings and I appreciate Don's input and help. Heck, he doesn't have to post on a public message board to help people. He doesn't gain anything by helping me become a better trader. Last week made money...
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    Looking Free/Cheap online research

    Anyone know of any screeners/programs where I can get the average daily trading range of a stock?
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    Don's Openings, Part 6 2003

    Raised my envelopes on my shorts so of course didn't get filled on any. Got filled on 3 long positions, lost money on 2, made more on the other so a net positive day so far.
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    Best prop firm for remote traders

    ------------------------------------------- Personally I like Echotrade, Bright would be my second choice (sorry Don). As far as Black Box trading goes even though you have your own, Echo is offering quite a bit of it to its traders also. Check out predatorpro.com. Your share volume will not...
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    Don's Openings, Part 6 2003

    ---------------------------------- If your system allows it (mine does), one thing you can do is program it to not fill any buys above previous close or shorts beneath previous close.
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    Don's Openings, Part 6 2003

    Any thought on trading the openings on Monday? I am thinking about just entering long position orders or not even playing at all. It will be interesting to watch the futures market tomorrow. God Bless America:)
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    Don's Openings, Part 6 2003

    The first 3 days this week killed me, but the last 2 days I am back on track. Still a down week which is very uncommon for me. On the bigger picture I am still up for the month so it is all relative. Getting lots of fills these days. Anyone else getting more executions than normal?
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    Child ownership of stock

    ------------------------------ You can put it in just their name but you shouldn't. If they need to sell it and are not of legal age you will have trouble trying to reregister it. Also, Heaven forbid but if they should die as a child and have stock in their name it will be a real legal mess...
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    Don's Openings, Part 6 2003

    I take full responsibility for my mistakes today. I failed the traders critical test. I failed to maintain my discipline. Took my winners too soon and did not cut my losses soon enough. Another day like today and I'll have to take a break and refocus. AGGGHHHH
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    Don's Openings, Part 6 2003

    ----------------------------------------------- My experience has shown me to throw out earnings stocks. I generally disregard news since people can interpret it in different ways but to watch carefully earnings upgrades/downgrades and adjust my orders accordingly. Most of the time it...
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    Don's Openings, Part 6 2003

    -------------------- I said the $250 was average net gain a day, that means after commission. Also the 98,000 shares is both in and out so not times 2 so weekly commission is $490. As Don has pointed out it is the bottom line that matters. I don't care how much I pay in commission, I care...
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    Don's Openings, Part 6 2003

    ----------------------- Gary, I track by individual stock daily and also by $$$ gain or loss on a long term basis.
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