Don's openings and more for 2005

Quote from mnx:

yeah and 200 shares of AHC is even worse...

maybe I'll lose everything over $100 for now...

mnx

I start everyone out with stocks in the range of $15-$45 for various reasons....and we seem to keep above the 75% success rate (win/loss)...with net positives.

Don
 
Quote from Don Bright:

I start everyone out with stocks in the range of $15-$45 for various reasons....and we seem to keep above the 75% success rate (win/loss)...with net positives.

Don

I guess that would have eliminated FCX from the bunch this morning... I elminated everything above 90$ for today, I might consider lowering that #... I've been filled on VC a couple times this past week I've never done better than scratch on it. Perhaps I'll add in a low limit as well...

thanks for the tips Don.

mnx
 
hey guys,

I was just checking the NYOB on a bunch of stocks and I saw someone who had bids on lots of stocks for 3000 shares already... It's about 9:15 now. I'm guessing whoever this is has a way of dynamically updating bids and offers as the futures price changes... that's cool stuff.
They seem to be using 0.7% in their calculations...

mnx
 
8 fills. 3 long 5 short. $49 net on 100 shares each.

Winners: LIZ(34 cents), EK(16 cents), SWY(9 cents), WMB(2 cents)
Losers: EP (2cents) , LUV (5 cents)
Even: GPS, MAT

I only put out orders on stocks between 8$ and 50$ today...

Out of everything but LUV by 9:36. LUV wouldn't go down because no one who was long the stock would sell it, stupid uptick rule...

have a great day everyone...

mnx
 
8 fills / 1000 shares each

2 short / 6 long -411.00

- .7 / + .8 %

traded oils today and got whacked...

initial profit +510.00 turns to loser in record time...

oils...- 697.00....ouch

happy monday...learned something though....
 
wow opening orders couldve turned out really bad today...lucky for me they only turned out slightly bad. 2 fills both losers -145

Lost 90 in KO and $55 in ACI I was short ACI with 1000 shares @ 74.17 Tried to collect a $260 profit. It move up...so i put my limit above the offer for 1000 shares. 700 got filled and then with my remained 300 the price instantly jumped to 75. Ouch. Lucky i got that first 700 out :)
 
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