Don's Openings Pt. 2

Discussion in 'Journals' started by Don Bright, Mar 5, 2002.

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  1. Should be a fairly flat opening.....7 should do the trick. How many stocks are you using..?
     
    #321     Apr 23, 2002
  2. mbg

    mbg

    2 fills today

    GE and GM - both winners, except I covered GE too soon, and sold GM too soon! oh well
     
    #322     Apr 23, 2002
  3. 5 fills on a .7 envelope....put in the "slingshot" cover order on GE (got filled on it), watched FNM (took a short ride, follwed the short seller down, watched it reverse at.71 cents, straight up to a price improvement "scratch" cover). Profits on the other 4....

    $1140 profit...
     
    #323     Apr 23, 2002
  4. nylord1

    nylord1

    don

    missed putting in the orders by a minute ....have to try tomorrow....nice day for you though. not to get off this threads topic, but any new advice on tape reading for listed stocks?

    regarding how many stocks , I'm trying to set up at least 12-15
     
    #324     Apr 23, 2002
  5. mrktwiz

    mrktwiz

    Don,

    RE> 5 fills on a .7 envelope....put in the "slingshot" cover order on GE (got filled on it), watched FNM (took a short ride, followed the short seller down, watched it reverse at.71 cents, straight up to a price improvement "scratch" cover). Profits on the other 4....

    $1140 profit...



    Nice....beats the heck out of yesterday's OO for you huh? That would be a nice daily profit for myself...lol I know it's not that way every day.

    Looking forward to more class sessions today, also wanted to know if it would be interesting for others for me to start a new forum string and "report" on my thoughts and experiences from a "new trader" perspective on your week long training class, especially since you might be expanding the tape reading session?

    I won't if you think it might be blatant promotion/spamming <but> I thought it might be interesting for others who are on Elite Trader to get some feedback independent of an employee (so far) of Bright Trading.....

    good trading all
     
    #325     Apr 23, 2002
  6. I have no problem with you posting up a daily "overview" of the class for others to read. As you know, each class is a little different and updated, so feel free to post your thoughts.

    Don
     
    #326     Apr 23, 2002
  7. mbg

    mbg

    Don -

    I'm curious - what price did you put in for the slingshot on GE?
     
    #327     Apr 23, 2002
  8. I matched the ARCA bid at the time: 33.41, go filled at 33.40.

    Don
     
    #328     Apr 23, 2002
  9. mbg

    mbg

    thx Don - just curious - did you look at the spreadsheet that I posted? if so, does it look OK?
     
    #329     Apr 23, 2002
  10. Sure it looks great. Do you have it set up for automated order entry or just for calculations?

    Don
     
    #330     Apr 23, 2002
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