Don's openings and more for 2005

Discussion in 'Journals' started by Don Bright, Jan 3, 2005.

  1. 1 long fill...

    mrk...+150.00
     
    #1361     Dec 12, 2005
  2. mnx

    mnx

    3 stocks 1 scratch (LUV) and 2 losers.... ABT was one of them... I held it for a while and watched it go for me 10 cents and then fall right back down.... piece of garbage. I forget what the other stock was....

    crap day. -$500 (1000sh / position)

    I only lost that much becuase I ended up long 5k ABT I think. Someone lifted NSDQ b4 I could nail it. JERK, whydidya have to hit him for all his size... couldda left me 5k... ;)

    tommorrow!
     
    #1362     Dec 12, 2005
  3. Don:

    Why do you not recommend trading stocks over $50? Thanks!
     
    #1363     Dec 13, 2005
  4. We get concerned a bit about wider bid/offer spreads.

    Don
     
    #1364     Dec 13, 2005
  5. Dedupe

    Dedupe

    Today result:

    19 orders/38 stocks, 2 fills

    Winner: ABT (Long, 8 cents)
    Loser: S (Short ,4 cents)

    I am not sure if i got out my trade too early or wut... for example on S, it gapped up w/ the S&P gapped down slightly, and it ran further up for another 10 cents... i got jiggled out for 4 cents loser.... it then came all the way back to my short entry...
    I guess as Don said, exit is the hardest part in playing the openings...

    please advice :)
     
    #1365     Dec 13, 2005
  6. mnx

    mnx

    down 669.47. (with a low of -1100)

    12 fills 1000 shares each... too many fills, didn't handle them well.

    took an 800 loss in GT, had a bid get taken out lost over 10 cents on 6k shares... (that postition got added to...)

    btw that's the same mistake 2 days in a row... not to be made again!

    maybe cancel remaming orders after i get 5 fills... 12 is a little too much to watch unless they're all running in your direction...

    tommorrow!

    mnx
     
    #1366     Dec 13, 2005
  7. Yesterday no fills.

    Today 3 long fills, 2 wins, +90 net
     
    #1367     Dec 13, 2005
  8. Gag, cough, blah, stupid opening.....LOL. HPQ, PG both a nightmare this morning.....one long, one short, both gapping... stupid Cramer picks PG, and HPQ just kept tanking....(-$950).

    Stupid opening only orders....(just kidding, it happens to the best of us sometimes).....

    Back at it tomorrow...then off to the traders expo....

    Don
     
    #1368     Dec 13, 2005
  9. 7 fills / 1000 shares each

    4 short / 3 long -320.00

    - .8 / + .7 %

    winners to losers in seconds.....
     
    #1369     Dec 13, 2005
  10. Dedupe

    Dedupe

    Only 1 Fill today out of 40 orders/20 stocks

    Winner: ABT (Long, 3 cents)

    It first went down 15 cents against me... then shot back up to fair value, got out there, and it went another 20 cents up... should've held it... :(

    tmr
     
    #1370     Dec 14, 2005