Not as much as you might think, we have a very precise entry and exit plan, with pre-determined prices based on (a lot of) our research.
Don
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Don's openings and more for 2005
- Thread starter Don Bright
- Start date
Not as much as you might think, we have a very precise entry and exit plan, with pre-determined prices based on (a lot of) our research.
Don
You inspired me boss hog.......nice trading. I did $6289, on a bit more volume though. About 150 k shares. When I get that many fills my execution is definately less than optimal.
I missed PG this morning and left him in, once I saw the fill I knew I was in trouble, he took a grand, but I am happy with the overall results.
Good trading to all!
Mike
I missed PG this morning and left him in, once I saw the fill I knew I was in trouble, he took a grand, but I am happy with the overall results.
Good trading to all!
Mike
Thursday +550, Friday +330.
I may have to ramp it up during non-training days to keep up with you guys though...good job!!
Don
I may have to ramp it up during non-training days to keep up with you guys though...good job!!
Don
Today was a "dream day" for this strategy.
If it opened around unch you made something and if it opened up it sold off, im glad you guys made money.
If it opened around unch you made something and if it opened up it sold off, im glad you guys made money.
Quote from gr8trader:
How are those pairs working DON....Don't forget to include that GM position and CPN and all those other losers you have everyone in when reporting your results. Just trying to make you "keep it real!"
Boy, out of 300 pairs, and a hundred and fifty stocks, we lost money in GM and are holding $1.00 stock...boy, do we suck, LOL. .......we haven't worried about either for months. And, I'm sure if I check the pairs, that about half the stocks may be losers as well (but the other side of each pair is probably doing well). And, yes, we trade a few million shares each day, and I apologize for not being able to post all of our results to you on a daily basis.
Check the July edition of Trader's monthly if you want to see how our top trader did last year, any guess on who that might be?.
(I'm posting with a smile, not really trying to be snotty, but geez, let a bad position die a peaceful death, it happens to the best of us).
And, even CPN is up 22% today.... what a great stock, LOL.
Don
In light of the short sale exeptions coming up this week it may be prudent to give some thought to how this will affect opening prints. I believe there will be a greater edge because there will be more extreme downprints. How many times have you seen a stock open down and continue falling because of a step-down short seller? This is a regular occurence with the short sale rule intact, but that seller can now sell at market on the opening print. It all seems very obvious, but I would challenge those who do opens regularly to go back and examine their profitability on long fills for the past six months,(compared to short fills) and compare that to the next six months. I would expect a significant increase in lucrative prints to the downside. As with any change in market structure, the greatest edge will be found shortly after its inception.