The Opening Orders Thread

I must be doing something wrong, filled on 11 longs (9 losers, 2 tiny winners); 3 shorts all winners, not enough to offset the loss on my longs.

I am using 2 envelope levels, .56 and .83.

I used 3.72 as FV and 1453.50 for the ES Z7.

A few of the longs would have worked out I just couldnt react quick enough. I am bailing out between 645-7am PST. I am using 100 shares at each level, ended up -150.

The quest continues...
 
Quote from mschey:

La strategia de opening es no bueno.....no trabajo no mas, no dinero, no mas!



:)

I agree Mike, I'm giving some serious thought shutting it down or at least scaling it back. I'm starting to think there are better uses for my time during the open. This strategy just isn't what it used to be.
 
Quote from anvil993:

I must be doing something wrong, filled on 11 longs (9 losers, 2 tiny winners); 3 shorts all winners, not enough to offset the loss on my longs.

I am using 2 envelope levels, .56 and .83.

I used 3.72 as FV and 1453.50 for the ES Z7.

A few of the longs would have worked out I just couldnt react quick enough. I am bailing out between 645-7am PST. I am using 100 shares at each level, ended up -150.

The quest continues...

Why do you think you did something wrong? There's not enough information here to tell if you made a mistake in your calculations. Your FV and eMini values were fine.
 
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