Opening Only's 2010

[saico]

Hi total_keops,

just wanted to thank you so very much for your help and support. I think I'm making good progress and should be able to finish the prototype soon.

saico

 

[total_keops]

Placed wide orders on 4, no fills.
Spreadsheet is now more "in control". Still have some work to be done.

 

[trend2009]

As I said two years ago, OPG strategy is almost dead. it does not worth effort.

Quote from total_keops:

Placed wide orders on 4, no fills.
Spreadsheet is now more "in control". Still have some work to be done.

 

[total_keops]

Quote from trend2009:

As I said two years ago, OPG strategy is almost dead. it does not worth effort.

Thanks for the input. 2 Years ago I was profitable. But yes it is possible that it is not as good as it was. I like to try things by myself so I will trade a couple sessions or weeks and see what it gives.

 

[total_keops]

7 stocks, no fills. Wide.

 

[Daal]

Does people still succeed with this strategy?

 

[Bob111]

Quote from Daal:

Does people still succeed with this strategy?

i kind of doubt it..in current environment where bots have so many ways to step on front of your order it's hard to get a decent fill anywhere

 

[Don Bright]

Quote from Bob111:

i kind of doubt it..in current environment where bots have so many ways to step on front of your order it's hard to get a decent fill anywhere

We have quite a few doing well. We still enter a couple of million shares each morning... we generally use our own "bots" - automated programs for proper retracement orders etc.

A bit more "thinking" goes into the orders, but worth it. Not like the good old days of throwing spaghetti against the wall, LOL.

Don

 

[trend2009]

Don,

when you said "We still enter a couple of million shares each morning", how many shares of them will be filled on average? I heard the liquidity has dried up for open orders.

Quote from Don Bright:

We have quite a few doing well. We still enter a couple of million shares each morning... we generally use our own "bots" - automated programs for proper retracement orders etc.

A bit more "thinking" goes into the orders, but worth it. Not like the good old days of throwing spaghetti against the wall, LOL.

Don

 

[Don Bright]

Per trader it varies from about 5% to 30% or so. A few hundred thousand on average. Things change, and this tactic has changed, but is still part of the arsenal.

Don