IMO. the only reason for calling a bottom would be that the market closed almost unchanged (a Doji in Candlestick terminology). Other factors...
I had not planned on bringing this up, but after reading some of the posts on this thread, I was tempted to write about it. I attended the...
>> What do you mean exactly by a lot of buys? Every transaction that is printed is both a buy and a sell. Why aren't you perceiving them as...
Hey fellow traders, I have a question for you all. I trade just IBM and MER, and have noticed that the tape on IBM shows a lot of buys on...
Don and TheEdge, What envelope size did you use on Friday ? I used .7 and didn't get filled on any. I passed IBM because of the accounting...
I have also noticed that with smaller size, I can hold on for longer without getting shaken out. Thanks..
Stayed away from placing opening orders this morning. Will try them again from tommorow with a wider envelope. Bought IBM at the open...
>> Back to normal today, we had .8 envelope, 7 fills of 15, 6 >>winners ...made about $3,000 - excellent day. Don, Do you normally tweak the...
Shortee, I will cut down on size going forward. The commissions are partially the problem., but I see your point. Buying the banks was...
Placed 7 opening orders and got filled on the long side for two of them. (C & MER). The gaps never got filled and C tanked another 40c before I...
Placed 9 opening orders and didn't get filled on any. I use a .5% envelope, and to go any lower would increase the risk. I bought IBM when it...
Thanks for the info. That was very useful. --Jim
Placed opening orders on the following: AOL, JNJ, IBM,WMT, LLY, TXN, STM Got filled on the long side for WMT. (1000sh) But the stock was...
I and Ravi work for the same broker. We are in the development division of the firm, and are not allowed to have accounts elsewere. We share an...
Shortee, I didn't understand the comment about two journals for the same day. What exactly did you mean by that ?
Started the day by placing 7 opening orders. Got filled on 3 of therm. Short IBM 1000 sh at 104.25, covered at 104.02 Long LLY 1000 sh at...
Don. Why don't you post the spreadsheet that you use. It would be useful for us to know which stocks you trade for openings, and how you manage...
Hey guys, I've been browsing this forum without contributing much in the last few months. I have selfish interests in posting this journal....
Separate names with a comma.