Don's openings and more for 2005

the moo guys seem to be less than pleased with the volatility so far this year...
are you telling us a 2 point range in the spoos like today is ideal?

it dosent seem to add up

 

Are you all just trading the qqqq? Or options on the q's?

 

The Moo's will work in any market (some better than others, granted), but when you have lower volatility, you simply have lower risk, and can always increase reward by changing share size (which lowers per share costs).

All the best!

Don

 

No, we're not (it makes no sense for this strategy). We trade only NYSE listed stocks so that we can be on the same side as the NYSE Specialist when he/she gaps up or down with the opening print.

Don

 

are you a prop firm don?

 

You can all stop holding your breath now.

1 fill, +140

Small, yes, but I'll take it...

 

Who are the "Moo Guys"?

 

To Don Bright;

What type of things do you look for in your opening strategies?

You say you like to be on the side of the specialist. Do you look to see a big opening print with a gap and then see the stock fade the other way?

Do you put in orders right after the stock opens or pre-open?

Please share a bit of your wisdom.

Thanks.

 

Read thru Dons Openings 2004 thread, the strategy is described throughout the thread.

 

We use the exchange trading floor business model. Our traders put up a bit of risk capital, but then use our money to trade with. Check out the website, and feel free to call me directly to discuss.

Don 702.739.1393