Don's Openings Pt. 2

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Originally posted by nylord1
don,

any comments on the open today....I'm using a .7 envelope barring no big changes in the futures.

Should be a fairly flat opening.....7 should do the trick. How many stocks are you using..?
 
5 fills on a .7 envelope....put in the "slingshot" cover order on GE (got filled on it), watched FNM (took a short ride, follwed the short seller down, watched it reverse at.71 cents, straight up to a price improvement "scratch" cover). Profits on the other 4....

$1140 profit...
 
don

missed putting in the orders by a minute ....have to try tomorrow....nice day for you though. not to get off this threads topic, but any new advice on tape reading for listed stocks?

regarding how many stocks , I'm trying to set up at least 12-15
 
Don,

RE> 5 fills on a .7 envelope....put in the "slingshot" cover order on GE (got filled on it), watched FNM (took a short ride, followed the short seller down, watched it reverse at.71 cents, straight up to a price improvement "scratch" cover). Profits on the other 4....

$1140 profit...



Nice....beats the heck out of yesterday's OO for you huh? That would be a nice daily profit for myself...lol I know it's not that way every day.

Looking forward to more class sessions today, also wanted to know if it would be interesting for others for me to start a new forum string and "report" on my thoughts and experiences from a "new trader" perspective on your week long training class, especially since you might be expanding the tape reading session?

I won't if you think it might be blatant promotion/spamming <but> I thought it might be interesting for others who are on Elite Trader to get some feedback independent of an employee (so far) of Bright Trading.....

good trading all
 
Originally posted by mrktwiz
Don,

RE> 5 fills on a .7 envelope....put in the "slingshot" cover order on GE (got filled on it), watched FNM (took a short ride, followed the short seller down, watched it reverse at.71 cents, straight up to a price improvement "scratch" cover). Profits on the other 4....

$1140 profit...



Nice....beats the heck out of yesterday's OO for you huh? That would be a nice daily profit for myself...lol I know it's not that way every day.

Looking forward to more class sessions today, also wanted to know if it would be interesting for others for me to start a new forum string and "report" on my thoughts and experiences from a "new trader" perspective on your week long training class, especially since you might be expanding the tape reading session?

I won't if you think it might be blatant promotion/spamming <but> I thought it might be interesting for others who are on Elite Trader to get some feedback independent of an employee (so far) of Bright Trading.....

good trading all

I have no problem with you posting up a daily "overview" of the class for others to read. As you know, each class is a little different and updated, so feel free to post your thoughts.

Don
 
Originally posted by mbg
thx Don - just curious - did you look at the spreadsheet that I posted? if so, does it look OK?

Sure it looks great. Do you have it set up for automated order entry or just for calculations?

Don
 
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