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Don's Opening's Journal....
- Thread starter Don Bright
- Start date
Originally posted by Oddmund_Grotte
Don,
I've been doing some research on the openings lately and traded very lightly but it seems there are certain stoks which only works either long or short, not both ways. Do you enter long (or short) orders only in one stock and skip the other way?
I enter the same stocks, long and short, every day. I am often surprised when I get filled on the opposite side from my expectations. Do them every day, and you should do well.
Filled on 4, profit on 3, 1 small loss. + 900.
Don,
Maybe this is just me, but if you want to continue to post your daily results, I think it's appropriate that you explain to all of us how you trade the open.
What's the value of knowing that you made $900 ?
I don't buy the argument that it's to complicated (per your previous posts). We are all fully capable of making and losing money with or without your guidance.
Maybe this is just me, but if you want to continue to post your daily results, I think it's appropriate that you explain to all of us how you trade the open.
What's the value of knowing that you made $900 ?
I don't buy the argument that it's to complicated (per your previous posts). We are all fully capable of making and losing money with or without your guidance.
forgot to mention I shorted AOL at 32.52 and covered at 32.39. Aol is now at 31.81. Oh well
Cancelled my stop of KSS and
Covered 250 KSS at 69.74.
Still have 250 Short left will watch now since playing with house money.
I am sure I am not doing this according to fair value but because Don Bright and The Edge don't wnat to explain how they come up with fair value for a specific stock and give examples I kind of have to extrapolate from their trade examples. Oh well.
Cancelled my stop of KSS and
Covered 250 KSS at 69.74.
Still have 250 Short left will watch now since playing with house money.
I am sure I am not doing this according to fair value but because Don Bright and The Edge don't wnat to explain how they come up with fair value for a specific stock and give examples I kind of have to extrapolate from their trade examples. Oh well.
Originally posted by vikana
Don,
Maybe this is just me, but if you want to continue to post your daily results, I think it's appropriate that you explain to all of us how you trade the open.
What's the value of knowing that you made $900 ?
I don't buy the argument that it's to complicated (per your previous posts). We are all fully capable of making and losing money with or without your guidance.
I was asked about the strategy, I explained as much as I could, and have posted the results simply to show the strength of the basic concept. I have included my results in the tests of other "services" and will post results for those who care.
I don't expect everyone to be able to achieve the same results, only that they realize that these results are possible and real.
I have not seen any successful traders give out all their secrets (exact stocks, etc.), only those with marginal results. I am attempting to cross the line with some real (verifiable) results. I do show these results in detail to those who come to our office.
Entries are easy (as explained before), exits are a bit more difficult since (nearly) all trading requires considerable thought, not automation or predetermined exit points.
I am just trying to offer some guidance, and judging by the personal responses, many seem to be pleased.
Perhaps going to Echo's $5,000 "personal" training session will give you more detail if that is what you're looking for....I am just trying to contribute.
(gee, I can't seem to win around here)