Don's Openings, Part 6 2003

Discussion in 'Journals' started by Don Bright, Jan 3, 2003.

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  1. Only 1 fill (TXN)....made 14 cents $280...."coulda made more".....

    Don
     
    #131     Feb 3, 2003
  2. cashonly

    cashonly Bright Trading, LLC

    13 fills:
    8 wins
    5 losses
    avg profit = 8 cents/share

    Some people have asked why I put up cents/share instead of my total profit. This is because I'm more interested in showing that the process works, than talking about how much I make. But you can do the math for yourself:
    If those were 100 share trades:
    100 shares * 13 positions * 8 cents = $104
    If those were 1000 share trades:
    100 shares * 13 positions * 8 cents = $1040
    If those were 2000 share trades (ala Don):
    100 shares * 13 positions * 8 cents = $2080

    The thing I would like to say about this morning is I'm proud of the fact that I didn't let anything go against me more than 8 cents and my best profit was 33 cents (and at that one, left 15 cents on the table!).
     
    #132     Feb 3, 2003
  3. lidodido

    lidodido

    also you "coula got my ass handed to me and i'm glad i actually made anything"...

    works both ways.

    keep your eyes open folks.
     
    #133     Feb 3, 2003
  4. Cash your math is off...


    If those were 100 share trades:
    100 shares * 13 positions * 8 cents = $104

    If those were 1000 share trades:
    100 shares * 13 positions * 8 cents = $1040
    s/b 1000 shares * 13 positions * 8 cents = $1040

    If those were 2000 share trades (ala Don):
    100 shares * 13 positions * 8 cents = $2080
    s/b 2000 shares * 13 positions * .08 = $2080

    Robert
     
    #134     Feb 3, 2003
  5. cashonly

    cashonly Bright Trading, LLC

    Thanks Robert, I was a little too quick on the cut and paste!
     
    #135     Feb 3, 2003
  6. cash, how many stocks do you enter, just curious b/c 15 is lotta fills, althought i think friday was a good day... i do about 20 and been havin gtrouble gettign fills
     
    #136     Feb 3, 2003
  7. mgkrebs

    mgkrebs

     
    #137     Feb 3, 2003
  8. cashonly

    cashonly Bright Trading, LLC

    About 80

     
    #138     Feb 4, 2003
  9. dr_ma

    dr_ma

    only one fill today but it was a good one.
    made .48 cents
     
    #139     Feb 4, 2003
  10. anyone else hit the exit on time in C....
     
    #140     Feb 4, 2003
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