Opening Orders - 2008

3 fills / 2500 shares

1 long / 2 short / + 63.00

complete and total human intervention error this am...

damn...fat fingered my covers...placed market instead of limits...duh....

it never ceases to amaze me how one can snatch defeat from the jaws of victory...:eek:

click...click...oh...shit...:eek:
 
Bunch of fills, overall small winner. HAL got me. Gave me 900 of 1000 of my initial retrace, but then straight up 40 cents, bummer.

10 fills. 6 winners, 3 small losers and the above mentioned HAL. Oh well, tomorrow is another day.

Don
 
1 fill out of 26 orders NUE for -10 on 100 shares.

What I dont understand is my limit OPG order was filled short at 63.99 at 9:31:03 The opening price indicated everywhere I look is 63.00.

I called in and was told that my trade was included in the opening cross and if I have an OPG limit order and the opening price is above my limit, I will get filled at my limit, with no price improvement.

I am looking at the nyse website, and will read through the rulebook, but if anyone has any idea how I can more quickly figure out if my order from this morning was correct in terms of execution I would appreciate it.

It doesnt seem right, in terms of my price, the opening price, or the time.

Thanks
 
Quote from caljr:

1 fill out of 26 orders NUE for -10 on 100 shares.

What I dont understand is my limit OPG order was filled short at 63.99 at 9:31:03 The opening price indicated everywhere I look is 63.00.

I called in and was told that my trade was included in the opening cross and if I have an OPG limit order and the opening price is above my limit, I will get filled at my limit, with no price improvement.

I am looking at the nyse website, and will read through the rulebook, but if anyone has any idea how I can more quickly figure out if my order from this morning was correct in terms of execution I would appreciate it.

It doesnt seem right, in terms of my price, the opening price, or the time.

Thanks

It's not right. If you offer stock short at $10.00 and it opens at $100.00 you get the $100.00. Same with only pennies as a price improvement. Broker is wrong, complain or at least be sure they have the correct order type (Opening Only).

Don
 
Quote from EdgeHunter:

What about tracking your OP orders stocks / groups stats each day into a database...

1. Enter in the amount the SP futs where up or down...
2. Put in Fair Value
3. The volume on each stock pre open
4. Whether they move up .33 first or down once opening order printed...
5. How many points up or down the stock opens from the last close.

catalog like that and then run stats on the collected info over 6 months, 12 months... to tweak the enveloping and follow up plays...

We have tracking built into the execution program. Here's a basic screen shot.

TrackingOpens.jpg


Don
 
nue opened on nyse @ 63.99

99 cents higher than the composite...

you got filled 99 cents better if you did indeed short...

either you or i am looking at this wrong...
 
Quote from giggollo:

What quote sources were you looking at?

I looked at nyse.com, yahoo.com, and in my trading platform sterling, all say open of 63.00
 
Quote from Don Bright:

It's not right. If you offer stock short at $10.00 and it opens at $100.00 you get the $100.00. Same with only pennies as a price improvement. Broker is wrong, complain or at least be sure they have the correct order type (Opening Only).

Don

hey old guy... when all else fails read the post...he..he..he..:D
 
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