Opening Orders - 2008

Quickest day since starting the new system.

21 candidates / 1 block

19 winners / 1 loser

18 auto close / 2 manual

$3130.00
 
Quote from gehko:

Quickest day since starting the new system.

21 candidates / 1 block

19 winners / 1 loser

18 auto close / 2 manual

$3130.00
More...

Wow! Are you still paper trading?
 
Yes. I am going to paper trading the whole month of May to get a feel for slippage and fill probabilities. Depending on how May goes and the statistics I collect i will most likely paper trade June as well.

Quote from drumbandit:

Wow! Are you still paper trading?
More...
 
Quote from gehko:

Yes. I am going to paper trading the whole month of May to get a feel for slippage and fill probabilities. Depending on how May goes and the statistics I collect i will most likely paper trade June as well.
More...

Why not just trade it using 100 shares? It would be very hard to lose much money in the aggregate on 100 share lots.

That will give you a realistic "feel". Paper trading this strategy may lead to a false sense of either security or anxiety that may be completely unfounded in reality.
 
Quote from DonKee:
Why not just trade it using 100 shares? It would be very hard to lose much money in the aggregate on 100 share lots.

That will give you a realistic "feel". Paper trading this strategy may lead to a false sense of either security or anxiety that may be completely unfounded in reality.
More...
That was my conclusion. It is hard to identify the 'real' NYSE open price, and harder still to know where I would exit the trades. Trading with a 100-share cap gives me plenty of 'action' without doing any serious damage to my financial well-being. I haven't yet decided how long to keep the cap in place, but taking it off last month turned out to be an expensive mistake.
 
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