Opening Only's 2010

Quote from Booker007:

An American depositary receipt (ADR) is a stock that trades in the United States but represents a specified number of shares in a foreign corporation.

The only thing with ADR's that I see is missing news if these foreign companies report them late....
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I question the role of the specialist in the opening of an ADR. How is he supposed to maintain an orderly market if the stock is influenced by some other forces from other exchanges (and probably by arbitrageurs too).

Quote from Lear:

Is CI a ADR? CI is my today's big loser, exit too early....at the lowest point....

Thanks
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No, it's not. Have a look at google finance: http://www.google.com/finance?q=CI. If it was an ADR, it would be specified there.
 
For today I had FV at +0.161% and was 6:1 short. I pulled the plug a bit early since I was too one sided which left some dollars on the table but I'll take what I got.
 

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You, guys, who have been doing OPG for a long time, how do you compare opening strategy's profitability and consistency with other strategies you're playing? Is it superior in your opinion? Does it make much sense to do anything else compared to OPG if you've become proficient in the latter?
 
For me the OPG is one of the worse stratigies that I run. Why do I run it then? It was the first stratigies that I traded and since it's still profitable and its fully automated it does not take me any added effort to run it.



Quote from boba15:

You, guys, who have been doing OPG for a long time, how do you compare opening strategy's profitability and consistency with other strategies you're playing? Is it superior in your opinion? Does it make much sense to do anything else compared to OPG if you've become proficient in the latter?
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Quote from Booker007:

For me the OPG is one of the worse stratigies that I run.
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Booker007, what do you mean by the worst: consistency or profitability?
 
Quote from Booker007:

Profitablility.
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You're a prop trader, aren't you? Can't you just add some leverage if the strategy is consistent enough? Or are there other considerations?
 
At least for me I am as scaled up as I can be without affecting things, not only the market but my philological well being. What I show here is my fully automated 100 share per position results. I also have an opening system that I trade with bigger size and that one I do some sort of discretionary adjustments to every day. (IE: News, wider bands, Skew FV, etc…)

As for today I had FV at -0.577% and was 4:1 long.
 

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