Don's openings and more for 2005

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

  1. mnx

    mnx

    6 fills, 5 winners 1 loser.

    FCX Short Loser lost like 500 bones on 1000 shares.... Found some good action on that stock and finished up 1200 on it...

    Vlo 800 shares +63
    GLW 2000shares +37
    CCU 1000 shares +92
    NEM 1000 shares +42
    Xto 200 shares +7

    NEM was also giving me trouble, I managed to get out of my short the third time it cam near the opening price after ripping 20 cents.... yeesh!

    So OPG's were terrible for me today but I ended up having fun on FCX so I guess it's the end result that counts...

    later

    mnx
     
    #1441     Dec 28, 2005
  2. joema

    joema

    have a question here:

    where do you get the beta value?

    i've found different beta site to site, beta of TWX in NYSE.com is 0.86 but MSN.com is 2.14

    what a huge gap

    which number do you apply to your spreadsheet?


    thanks
     
    #1442     Dec 29, 2005
  3. Got a bit stuck this morning....evidently I didn't set the "stop loss" correctly and MRK got me. 2 winners, 1 loser, -$200.

    I will set stops correctly, and add more stocks.

    Don
     
    #1443     Dec 29, 2005
  4. 3 fills 2 long 1 short....

    got out waaayyy too soon...

    +197.00

    -.75 / +.75%

    aaarrgghhh....:eek:
     
    #1444     Dec 29, 2005
  5. 1 long fill, +90
     
    #1445     Dec 29, 2005
  6. That is quite a difference. Maybe they use different timeframes in their calculations, although the 2.14 number seems incorrect.

    I pull beta from a subscription service (Daily Graphs Online) that updates it weekly.
     
    #1446     Dec 29, 2005
  7. joema

    joema

    4 fills, 3 long 1 short

    winners:

    VLO long@51.50
    AA long@29.37 === get out to early,.37 is almost the day low
    NEM long@53.02

    loser;

    MRK Short@32.10, take the loss@ 32.30


    MRK was upgraded by mogan stanley, and gap up, what do you guys handle the news? i put my order as usual short @ 31.07, even though it's trading 32.2x pre market.

    maybe next time i will ignore the stocks that have news
     
    #1447     Dec 29, 2005
  8. OK, still "tweaking" the system, but today's results are:

    Entered 45 stocks
    1 layer of 2,000
    2nd layer of 1,000

    7 fills for 2,000 each.

    6 winners
    1 loser (only $1, literally)

    +675

    Out at 9:35.31

    I'm having trouble with the analysis section, but will post the basics until I get it figured out. Great program (I'm not the best using it, LOL).

    Happy New Year!!

    Don

    OK, I'll start a new thread today, for 2006. We'll see how things go.
     
    #1448     Dec 30, 2005
  9. no fills today
     
    #1449     Dec 30, 2005
  10. 3 long fills, 1 win, 1 loss, 1 scratch, -$8 net.

    The Steelers close out the regular season on Sunday, don't miss it. Hopefully a playoff berth will be already clinched by then, if our friends in San Diego can help us out.

    Happy New Year to all, and continued success with opening orders in 2006!
     
    #1450     Dec 30, 2005