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Don's openings and more for 2005
- Thread starter Don Bright
- Start date
Pretty flat Thursday, +70 only.
Don
Don
1 Long fill, +100
No fills yesterday
No fills yesterday
Quote from Don Bright:
It really is amazing how much help it is, you might check it out!
Don
I would not give up trading breakouts (eg.- VSTA, PHCC and MSO today) to swing trade, or to enter into the uncertainty of holding long term. I could'nt handle it to see my positions go a point into deficit the next day. Therefore, the almanac wouldn't be usefull to me. I strictly trade intraday.
Quote from reid5525:
I would not give up trading breakouts (eg.- VSTA, PHCC and MSO today) to swing trade, or to enter into the uncertainty of holding long term. I could'nt handle it to see my positions go a point into deficit the next day. Therefore, the almanac wouldn't be usefull to me. I strictly trade intraday.
We trade primarily intraday, and have found it useful (I'm not trying to sell anything, I don't publish the thing)...we make sure that every Bright location has a copy for reference...just FYI.
And, just FYI...most of our "break out" traders have pretty much gone in other directions...they found that with the low volatility that they just weren't making enough money. If they're working for you, I applaud your success!
All the best...
Don
Not to sound ignorant...but +$250 what? dollars? or 250 thousand dollars? or $2,500 dollars?Quote from Don Bright:
Another small day +$250 approx.
Don
Thanks.
PS
it's just your earnings ($100-$500) look to small for a professional trader. Don't mean to offend you guys...(I am all red myself 3 months in a row) and yes,...I am new
Quote from jimclark:
Not to sound ignorant...but +$250 what? dollars? or 250 thousand dollars? or $2,500 dollars?
Thanks.
PS
it's just your earnings ($100-$500) look to small for a professional trader. Don't mean to offend you guys...(I am all red myself 3 months in a row) and yes,...I am new
Oh, don't worry, there's little that offends me. I trade my opening strategy in front of my new traders for about 6-15 minutes in the morning, usually average about $1,000 or so per week, some times more, some times less....just setting an example.
It wouldn't help anyone to see the trading that my brother and I do in our other accounts, where the real money is made (since most have not been trading since the 1970's and they might think we are "showboating" with larger size, etc. - which is certainly not what I'm doing here).
I don't have the luxury of trading all day, and enjoy setting an example with only a handful of stocks every day.
All the best!!
Don
Quote from Don Bright:
We trade primarily intraday, and have found it useful (I'm not trying to sell anything, I don't publish the thing)...we make sure that every Bright location has a copy for reference...just FYI.
And, just FYI...most of our "break out" traders have pretty much gone in other directions...they found that with the low volatility that they just weren't making enough money. If they're working for you, I applaud your success!
All the best...
Don
These days are not bullish enough to present an abundance of opportunity to trade two-day breakouts. But, there are enough of them in there to keep me in the game. I showed you three of them for today, in my earlier post.
What I want to do later is gather up a handfull of newbies and give them the calls, a little trading group, if you know what I mean.