The Opening Orders Thread

LOL, no fills yesterday (manual, in front of boot campers, too wide, earnings, etc. blah blah blah)...

So today, I cut back to 500 shares, put in tight envelope on only 10 stocks (to demonstrate mechanics involved)...and get filled on 4, all winners, perfect opening for about $200 bucks ("shoulda" been $1,000 or so).....Murphy's law still working well, LOL.

Don
 
Quote from chiguy:

7 fills / 36160 shares

5 long / 2 short / + 5058.20

- 1.19 / + .31 % vs last night's close...

i left in the brokers as i thought the blanket downgrade was stupid...they are printing money...

got out quick as it's been a bit rough lately...

Good job, this should make up for a couple of those days last week....excellent!

Don
 
5 short (4W, 1L) 1 long win, +614, 7800 shares

Out waaaay too soon on a couple. Just being cautious since I was so short on a gap down day.

Hope everyone else did better than I did.
 
1 fill long WMT for a small win (also out waaaay too soon)

Guess I was too wide on the sell envelope with .6
Cancelled only DOW (he's just about off the list) & added a few extra stocks today too.
I'm experimenting with adding the second layer to help with my comfort level (feeling of blindness :eek: ) in not having the indications.

Good weekend to all :cool:
 
Quote from eastside:

1 fill long WMT for a small win (also out waaaay too soon)

Guess I was too wide on the sell envelope with .6
Cancelled only DOW (he's just about off the list) & added a few extra stocks today too.
I'm experimenting with adding the second layer to help with my comfort level (feeling of blindness :eek: ) in not having the indications.

Good weekend to all :cool:

In my opinion, you don't need the indications to make money on OPGs; I've never paid attention to them. Rely on your ability to cut losses quickly. (Of course I'm not a superstar when it comes to OPGs either, so take what I say with a grain of salt.)
 
Quote from sucre_estave:

In my opinion, you don't need the indications to make money on OPGs; I've never paid attention to them. Rely on your ability to cut losses quickly. (Of course I'm not a superstar when it comes to OPGs either, so take what I say with a grain of salt.)

I'd argue indications are more useful now as the ones being indicated are meaningful imbalances. I never paid attention to them until the change, but now I think they are useful "heads ups" in case I missed something.
 
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