7 fills 6 long, 1 short B BAC -.03 SS WMT -.26 B ABT -01 B HPQ -.02 B MER +.21 B MCD +.09 B HD +.22 Bumped share size up to 2000 each. Got creamed on WMT. Didn't think news was that significant. Then I tried paring it off with TGT. Mistake. I be all day trying to extricate myself from that. My worst trades are news related.
"Missed the news on WMT and took a wizard whipping on it." Ouch.... One thing you might try....punch up your stocks on the price ticker at about :15 past 9 est. I only have 11 stocks, so it's easy for me to do. When I see a stock trading "out of line", I search news items for the reason. This made me not enter a sell on WMT this morning. Of course, sometimes you will miss a nice reversal, but being "risk adverse", I generally don't like to fade the news on the open, as it seems it takes 10-15 minutes for price to absorb it.
You guys might like this, from today's Las Vegas paper. Reporter attempting "opening only orders." www.stocktrading.com/tradingplaces.htm And, no, "trained monkeys" cannot perform the strategy, LOL. Don
.7 both sides, only did a 1000 shares. 1 long, 1 short B BBY +.145 SS MS +.33 Got .12 price improvement on MS BBY was scary there for a minute.
Wow, what a ride in BBY this morning...opened down a buck at 54.50...and proceeded down to 54.05 in about 30 seconds it seemed. I never chase gaps like that so I held on...only made a few cents (coulda been great, LOL)...from $1500 down to $200 ahead or so, whew!... Program seems to be working ok... Don
.60 on both sides 4 fills, 2 long, 2 short B UNH -.075 SS BJS -.37 (Operator error) SS HAL +.155 B HPQ +.07 Pretty ugly