Opening Orders - 2008

Quote from mdl060374:

Being computer savvy (developing spreadsheet linked to an order routing system) and a decent trader that understands concepts are entirely 2 different things.

I am not that well versed in programming, etc.

Anyway, I wasnt looking to freeload, just perhaps wanted to some insight or a basic template that I could have a programmer mess with.

(the old excel spreadsheet I had awhile back had been deleted.)

But I now understand that these are more close guarded than I thought.

Didnt mean to come across like a mooch, and apologize if I did.

If you're talking about building a spreadsheet to submit orders to your trading application, obviously that will be specific to the application you are using, but the application itself should have examples of the format in excel that you need to use.

If you were just talking about how the futures relate to the expected opening price, then Don's example a few posts back should clarify that for you.

If you are referring to envelope size, that is basically a personal preference that comes with experience. Some use large envelopes, some use small. Some people keep the same envelope no matter what, others like to change envelopes based on how big a gap open there will be. That is pretty much a trial and error process but very much tied to your own risk tolerance, and not to any set of rules.

Hope this helps.
 
Yeah, hate to "blame" anything, but the stupid NYSE lack of reporting openings.


NYSE Services Impacted
Opening volume in some NYSE stocks was not reported to the consolidated tape. We are in the process of adding these Opening trades to the tape. All reports issued were at the correct Opening price.


Made my spreadsheet lock up, send wrong retrace prices...cost me a bout $1020 ...oh well, my trading made things worse, LOL.

Regroup tomorrow..

Don :eek:
 
Quote from Don Bright:

Yeah, hate to "blame" anything, but the stupid NYSE lack of reporting openings.


NYSE Services Impacted
Opening volume in some NYSE stocks was not reported to the consolidated tape. We are in the process of adding these Opening trades to the tape. All reports issued were at the correct Opening price.


Made my spreadsheet lock up, send wrong retrace prices...cost me a bout $1020 ...oh well, my trading made things worse, LOL.

Regroup tomorrow..

Don :eek:
\

first time i ever saw this weirdness...every day a new wrinkle to the ecletronic trading arena...
 
Quote from chiguy:

\

first time i ever saw this weirdness...every day a new wrinkle to the ecletronic trading arena...

Yeah, overall the make things run pretty smooth...and I don't like to "bitch" - but it always happens on the "wrong" day, LOL.

Don
 
Only 1 short fill on a smaller position, -55, 1000 shares

Traded like a fool and let about a $120 win turn into a loss. Irritating to make execution mistakes, whether its on 100 shares or several thousand.
 
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