Opening Only's 2010

Don, once you mentioned, than after getting a fill you have a +12 cents take profit order sent automatically (this part is clear), and you also start "tape reading".

My question is: if one is good in "tape reading", why just not use "tape reading" in ordinary trading, outside of context of opening orders? Or you have a special tape reading technique, which is only applicable to the very moment of opening?

My apologies, if you have already answered this in the last 8 years of opening strategy journal ;)

Thanks anyway.

ps. Don, posting symbols that were filled and envelope, is this possible?
 
Quote from boba15:

Don, once you mentioned, than after getting a fill you have a +12 cents take profit order sent automatically (this part is clear), and you also start "tape reading".

My question is: if one is good in "tape reading", why just not use "tape reading" in ordinary trading, outside of context of opening orders? Or you have a special tape reading technique, which is only applicable to the very moment of opening?

My apologies, if you have already answered this in the last 8 years of opening strategy journal ;)

Thanks anyway.

ps. Don, posting symbols that were filled and envelope, is this possible?
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I have to be a bit careful about posting too much info, not that I care, it's just that regulators might mis-interpret as leading others into specific stocks or something.

The opening strategy gets you "in" with a definable edge, that's sometimes the hardest part intraday. I take a small amount for half my shares, then watch and listen to the market for the other half...seems to work well...

All the best,

Don
 
I have been doing opens since 2001. I will try to post my results here. Today was not too shabby. For the account that I post here I trade only 100 shares size and am fully automated in my entry and my exit.
 
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