Don's Openings and More for 2006

[mschey]

Quote from chiguy:

what is the difference between a grey box and a black box?

The color of the box!


Smart ass answer aside, grey boxes require more user intervention. Typically, I find that some strategies perform better when I get involved in some of the trades. It's neither completely discretionary, nor is it completely automated, and so the term "grey" box was coined.

 

[Don Bright]

1. "Take half off with small profit, tape read to increase profits" is exactly what I teach new people...the amount of $$ depends on number of stocks and share size of course.

2. MSchey is correct, to make the big money you have to do a little of everything. I can attest to his expertise and profits, he does very well.

All the best,

Don

 

[Arnie]

Quote from mschey:

I can add some insight as to what is working.....everything else I am doing. Pairs, Overnights, Automation, grey and black box strategies...mean reversion and breakout. I am making "MAD Money" with those, and that's where I am concentrating my efforts.

As to the other question, I have a list of regular stocks, I have always experimented with new stocks....part of the constant R&D that is required to stay on top your game.

Reagarding mean reversion and breakouts, are you talking about volatilty?

 

[sucre_estave]

2 longs - a small win and a scratch, 1 short scratch, +80 net

Zzzzzzz

 

[chiguy]

9 fills / 14000 shares

8 long / 1 short / -4490.00

- 1.1 / + .4%

lost money on the short and couldn't get out fast enough on the longs...

should have been close to a scratch but i got hopeful...just a little more to breakeven...they tanked...then i froze...

my own worst enemy...time for a break...

 

[sucre_estave]

Quote from chiguy:

9 fills / 14000 shares

8 long / 1 short / -4490.00

- 1.1 / + .4%

lost money on the short and couldn't get out fast enough on the longs...

should have been close to a scratch but i got hopeful...just a little more to breakeven...they tanked...then i froze...

my own worst enemy...time for a break...

Ugh. And you were having a great week too. You'll get it back.

 

[chiguy]

Quote from sucre_estave:

Ugh. And you were having a great week too. You'll get it back.

thanks...

 

[mschey]

Quote from Arnie:

Reagarding mean reversion and breakouts, are you talking about volatilty?

I do play VOL breakouts....not sure what you mean by VOL mean reversion, if you can give me an example, I can give you a better answer.

 

[Arnie]

Quote from mschey:

I do play VOL breakouts....not sure what you mean by VOL mean reversion, if you can give me an example, I can give you a better answer.

Like the when the shorter term volatility is say, 30 and the longer term vol is 60.

I have a book on options (Option Volatilty and Pricing) and he talks about how volatility is mean reverting. So if the shorter term vol contracts, look for a breakout.

PS I'm talking about volatility...not volume, just to be clear

 

[Arnie]

I had 5 fills, all long. They were all profitable, but I was trying to hang in longer and let a couple go against me a little. Made about half what I should have.

.50 both sides, only using 400 shares as I am testing a new strategy. So far it is working better than I thought, but I'm not trading it very well. Was up about $240, but ended up only about $100.