Birthday at Burger king was fun aside from the food....LOL
signed up for the $10 ARCA market data today so that i could avoid the warnings on IB about lack of market data when trying to put in orders for listed stocks in ARCA. I expect to save a lot of money in commissions by using ARCA and getting the rebate back. IB customer service still doesn't appear to be as well trained as they should be. upon asking them about ARCA and the rebates, the customer service rep had no idea what I was talking about. He said there was no ECN rebates with equities.
here are my trades today. all are on the long side today. I did get a short signal or two (mostly at the end of the day but LOTS of long signals)
GRMN
70.10
69.32
2 68.52
S:6b
sold 2 @ 69.50
watched it turn around and crash again
bought 2 @ 67.82
sold 2 69.25
sold 2 70.21
+578 on the trade
next came DRYS
60.72
60.11
2 @ 59.59
bought back
2 @ 60.64
2 @ 61.12
+ 348 for the trade
bought STV
22.82
22.29
Then I bought some ABK
16.94
16.78
2 @ 16.23
2 @ 15.77 for a total of 6 units
L STV 2 @ 21.71 for a total of 4 units
sold STV @
2 @ 22.19
2 @ 22.45
+ 73 for the trade
sold ABK
2 @ 16.47
2 @ 16.81
2 @ 16.43
+ 167 for the trade
Last trade of the day was some options. This stock gave me two different long signals. one was a swingg trade long and the other was a day trade long. This combo is very strong and I perhaps should not have been so conservative with it. I was trying to buy at a lower price when the stock started moving higher and never looked back. I did sell 2 15 Jan put options and so I was able to get a very small piece of the move.
S 2 ABH Jan 15 puts @ 1.10
covered at the END of the day at .60
+ 97 for the trade.
My options cover was two seconds before market close. I had a limit price of .50 hoping it would get hit. I then moved the price to the ask of .60 to close out. With such a strong short term profit that could be locked in I didn't see the value of holding overnight for a potential gain of another 10-15 cents.
ended the day flat
Three very solid days of using the new oversold indicator in a row. looking forward to the new dual xeon machine that should be here tomorrow.