Opening Only's 2010

Quote from Booker007:

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…)
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Booker, how do you compare results of the fully automated vs. discretionary versions? Much better? Not really worth it? 10-fold? Twice as good?
 
Over the long run there is very little difference between the auto vs. discretionary systems except the discreationary has a lot smoother P/L Chart. ie less volatility...

As for today I had FV at +0.195% and was 2:1 long.



Quote from boba15:

Booker, how do you compare results of the fully automated vs. discretionary versions? Much better? Not really worth it? 10-fold? Twice as good?
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The auto retrace program helps a lot when we have the quick "slingshot" trade...gap up 60 cents, prints down 15 cents in one second, then back to opening price. I set mine to capture half my shares immediately, which gives me this trade normally.

Can't do that manually, too old and slow, LOL.

Don
 
Quote from econometrics:

what's the rationale?
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Two trains of thought. Mine is that if the market is opening waaay up, that I don't want to buy a stock that is not opening up very far...since I'm playing for a retracement downward....

Others do both sided by enveloping the higher opening...

Some place buy orders below previous day's closing price only...

Don
 
Quote from Booker007:

FV = +0.370% and was 2:1 Short.
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Booker, is this streak of losses normal from your experience or it's signaling that something has to be tweaked in the strategy parameters?
 
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