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    Random Rants and All the other Goodies 2 - No, not a Gann journal...

    "Brokers envy traders" This is classic. Don't get me wrong I have a lot of friends that are or were brokers. They really are just a salesman. But even worse: They are trying to sell you something they don't even own. There are "money managers" who usually have MBAs, are between 30 and...
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    NYNY Journal

    Not looking like 2003 wants to pick up anytime soon. The only highlight so far has been my OPG strategy which is up 9 days out of the last 11. 4900 shares(one way) $427 gross $319 net What used to be a good profit for one trade is now a good day for me... but I guess I'll just have to...
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    NYC trading firms hiring?

    oops..Didn't realize this post is that old. I didn't read the whole thread. If your still around hope your making some dough
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    Don's Openings, Part 6 2003

    5 for 7 for 427 Upped my position size to 700.
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    NYC trading firms hiring?

    Whats up buddy. I work at Worldco. They don't teach you much, but besides that I can't complain. Great equiptment(I have 7 17" flat panels and two computers) good support and different software platforms to choose from. Look around first then take your best deal and go talk to Walter at...
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    NYNY Journal

    Just playing the open. Have to go talk to my boss and try to get my alternator fixed. 2800 212 net 180 gross
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    Don's Openings, Part 6 2003

    22 stocks 2 fills 2 winners 250 (.50)
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    Don's Openings, Part 6 2003

    Hey Don, I am very interested in creating software. I know you use an automated system for entering your OPG orders. I assume this is proprietary. Does this work with an order entry system like Redi or is the sofware all in one? What kind of code do you think is best for these types of...
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    Fading techniques with price spike up or down?

    mmm... fractions. Those were the good ole days.
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    Don's Openings, Part 5

    I agree but every situation is unique. KSS looked weak. I actually held it for a minute or two waiting for a bounce, but then it started ticking down again so I dumped it. I like to see a quick reversal but it couldn't get back up right away. I think if there was more volume in the market the...
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    NYNY Journal

    Another light volume day. Basically flat. Today was a positive though as I continue to refine my open strategy. I would like to get to the point where I am entering orders for 30-50 stocks premarket, and taking quick profits. Today I continued with 500 share positions. Will do the same next...
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    Don's Openings, Part 5

    Definately... my own fault. Should've stayed away from retail. KSS is a bad stock for me anyway. It sure doesn't trade like a stock which averages over 3 mil a day.
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    Don's Openings, Part 5

    lost money but learned a lot today. was 3 for 5 and lost $90 But one loss was for 211. I believe the most important element of this strategy is the stocks you choose. there are a few I should get rid of... basically the ones that sometimes move 30 cents in two prints. :) bye...
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    NYNY Journal

    A new year. Volume is TERRIBLE. I like to see 200 Mill by 10:00 or I am very wary. Played the open. This strategy is the only thing working for me recently. Also played the 10 o'clock move. 5600 round trip $590 Gross $527 Net .19 per trade Avg.
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    Don's Openings, Part 5

    Good way to start the year. Upped my size to 500 shares per position 22 stocks 5 fills 4 winners $545 Gross $489 Net Alot of big gaps today and covered some too early. But for the next few weeks I will be taking the money off the table quickly.
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    Don's Openings, Part 5

    Monday 1 for 1 on 22 orders 300 shares $2.12 Net ------------------------------------------------------ Tuesday 2 for 3 on 22 orders 1200 shares(played 400 shares per postition today) $229.88 Net ----------------------------------------------------- Missed a layup cause I had a...
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    NYNY Journal

    Last day of the year. Looking forward to 2003. Was planning on just playing the open and seeing if I could find any layups. Have been tweaking my open order strategy and so far it looks good. I am 5 for 7 (71%) so far. Up about 625.00 the past 7 days. But have been playing small (300...
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    NYNY Journal

    Back after a week off. Longest I have taken off in a year and a half. Very slow as expected. Blew a nice "bottom pick." In a thin market I should've waited it out. No news on tape and support on the daily. But in these markets the specialist can really move a stock 20-40 cents to try and...
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    NYNY Journal

    10:45 and it an absolute chopshop. Take the money and run. Go try and get some Christmas shopping done. 3000 shares(one way) $451.00 Gross $380.83 Net
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    NYNY Journal

    Got in this morning around 8. Nothing really caught my eye. Saw two nice "old school charts." PRX and ACS would be great breakout candidates three years ago but in this market the second day on breakout is 50/50 at best. Also was watching WTW on a negative article in Barons. Those don't...
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