OpenBookTrader's Open Journal

M

magicwords

Long/short swing trader of US stocks

All trades and current holdings will be displayed for everyone to see

New trades initiated will be written about before the market opens

http://openbooktrader.wordpress.com/

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2011-11-month-end-inception.jpg


2011-11-month-end-trade-summary.jpg


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Magicwords,

Very nice display. The best I have seen.

Kudos that you are giving ex ante trades.

Can’t say much about your system because you have provided few clues.

I personally am not a big fan of orders on the open. Also it seems that you have an extensive universe of stocks to trade. I am of the camp that says know a few stocks and know them well.

Your prior results looked good. Why not trade the options?
 
Quote from Quickless:

Magicwords,

Very nice display. The best I have seen.

Kudos that you are giving ex ante trades.

Can’t say much about your system because you have provided few clues.

I personally am not a big fan of orders on the open. Also it seems that you have an extensive universe of stocks to trade. I am of the camp that says know a few stocks and know them well.

Your prior results looked good. Why not trade the options?
More...

Thanks!

The system is a simple mean reversion system. Buy low, sell high. Short rallies, cover on dips.

I find that stocks provide enough trading opportunities for the system I trade so I haven't found the need to trade options.
 
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