The Opening Orders Thread

Quote from lescor:

The strategy you are using here only gets you in with a small edge. Getting out is completely based on your ability to trade and manage risk. Many many people try opening orders then realize that it's no magic bullet. YOU STILL HAVE TO KNOW HOW TO TRADE!

What, we have to know how to trade?

Lescor speaks the truth, the strategy can get you "in" with an edge by being on the same side as the Specialist, getting out takes trading skills.

Don
 
Don, Lescor.

Given everything has been going great so far... and it was time to up the stakes a bit.

Which would be recommended given these 2 choices.

1) adding more stocks to the list to trade
2) upping the share size
 
Quote from oracomm:

Don, Lescor.

Given everything has been going great so far... and it was time to up the stakes a bit.

Which would be recommended given these 2 choices.

1) adding more stocks to the list to trade
2) upping the share size

Assuming you're trading 2,000 shares, then you would have to add more stocks....2,000 is a good "limit" IMO.

Don
 
I up my share size to 1000 but not completely comfortable trading with that many shares size yet.

3 Fills
Long +.3, +.4, +.17
Short -.12 Could of got alot worst.
 
Quote from onlybui:

I up my share size to 1000 but not completely comfortable trading with that many shares size yet.

3 Fills
Long +.3, +.4, +.17
Short -.12 Could of got alot worst.

Always maintain a "Comfort Level" - it is vital to success.

Do as few, or as many shares as you feel ok with.

Don
 
Quote from onlybui:

I up my share size to 1000 but not completely comfortable trading with that many shares size yet.

3 Fills
Long +.3, +.4, +.17
Short -.12 Could of got alot worst.

Always maintain a "Comfort Level" - it is vital to success.

Do as few, or as many shares as you feel ok with.

Don
 
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