Don's Openings Pt. 2

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

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  1. nylord1

    nylord1

    don:

    should the offer still be within my FV envelope? (.7-1.0) or is it just good enough to place the offer in the upper half of the indication?
     
    #391     May 2, 2002
  2. nylord1

    nylord1

    don:

    Also for those out there who don't have platforms that provide pre indications for a stock, how important is it really to adjust for them? I know a few people that don't have redi like you and me........
     
    #392     May 2, 2002
  3. If they don't have indications, they shouldn't be trading like this.

    ( "My surgeon doesn't have sharp scalpels, does it matter?") :)

    Don
     
    #393     May 2, 2002
  4. I got stuck a bit in BMY (stubborn), ended up flat for the opening. Had to ride GS up and down as well, but ended up ahead with it.

    Good trading!!

    Don
     
    #394     May 2, 2002
  5. mgkrebs

    mgkrebs

    made 30 cents in sgp, gave it back in bmy. flat day.
     
    #395     May 2, 2002
  6. Flat opening, and I'm going to .7 or less this morning (we'll see in a few minutes).

    You might try individual sector orders. Break up your stock list into sectors, and then adjust the sector for your adjusted beta, or simply for your "gut feeling" based on past performance.

    Just trying to keep you all on the right path!!

    :)

    Don
     
    #396     May 3, 2002
  7. The edge

    The edge

    4 stocks, 8 orders, 3 fills on .8%, 2 winners and 1 scratch for a gross profit of 33 cents
     
    #397     May 3, 2002
  8. Only one fill today. I also had adjusted my envelope to .09% instead of 1%

    gross about .12

    Robert
     
    #398     May 3, 2002
  9. You guys did a bit better than I did this morning...."accidentally" added to a losing position by hitting buy instead of sell....so now I'm being stubborn....(Hey, it happens to the best of us).....

    Good aol and lly however...

    Don
     
    #399     May 3, 2002
  10. Eugene

    Eugene

    Don, LLY was good to you, but to most it was about a .20 loss. Did you tell your traders to hold down to 66.6-66.80? I doubt most would hold that long. Did you play the bounce with a new buy? I broke my 10 minute rule. If it doesn't open by 9:40, cancel.

    Good job
     
    #400     May 3, 2002
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