This describes the strategy commonly used on this thread, not mine.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1307983&#post1307983
http://www.elitetrader.com/vb/showthread.php?s=&postid=1307983&#post1307983
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The Opening Orders Thread
- Thread starter Don Bright
- Start date
5 fills...4 long 1 short all losers except PFE long...biggest loser T 15 cents
Was not expecting that on flat open with .6 envelope on buys & .4 on sells (after I got out 3 of the losers eventually turned around)
Did I underestimate the news on GE about turbines (lost 11 cents) ??? I did not think that was important.
Was not expecting that on flat open with .6 envelope on buys & .4 on sells (after I got out 3 of the losers eventually turned around)
Did I underestimate the news on GE about turbines (lost 11 cents) ??? I did not think that was important.
Quote from eastside:
5 fills...4 long 1 short all losers except PFE long...biggest loser T 15 cents
Was not expecting that on flat open with .6 envelope on buys & .4 on sells (after I got out 3 of the losers eventually turned around)
Did I underestimate the news on GE about turbines (lost 11 cents) ??? I did not think that was important.
First trading day of the month sometimes yields extra fills. Didn't happen for me today though.
2 short, scratch. They were whipping around quite a bit too.
No fills yesterday, went in late.
Today (AIG = good). . GE fair. +$520
Don
Today (AIG = good). . GE fair. +$520
Don
5 long fills, 3 wins (but two were 100 share test positions), 1 loss, 1 scratch, for an overall scratch day, 7700 shares. Jumpy price action again today.