Opening Orders - 2008

Discussion in 'Journals' started by Don Bright, Jan 3, 2008.

  1. 3 fills / 2500 shares

    1 long / 2 short / + 63.00

    complete and total human intervention error this am...

    damn...fat fingered my covers...placed market instead of limits...duh....

    it never ceases to amaze me how one can snatch defeat from the jaws of victory...:eek:

    click...click...oh...shit...:eek:
     
    #211     Feb 19, 2008
  2. Bunch of fills, overall small winner. HAL got me. Gave me 900 of 1000 of my initial retrace, but then straight up 40 cents, bummer.

    10 fills. 6 winners, 3 small losers and the above mentioned HAL. Oh well, tomorrow is another day.

    Don
     
    #212     Feb 19, 2008
  3. 4 short wins, unfortunately all on less than full positions, +232, 1300 shares
     
    #213     Feb 19, 2008
  4. caljr

    caljr

    1 fill out of 26 orders NUE for -10 on 100 shares.

    What I dont understand is my limit OPG order was filled short at 63.99 at 9:31:03 The opening price indicated everywhere I look is 63.00.

    I called in and was told that my trade was included in the opening cross and if I have an OPG limit order and the opening price is above my limit, I will get filled at my limit, with no price improvement.

    I am looking at the nyse website, and will read through the rulebook, but if anyone has any idea how I can more quickly figure out if my order from this morning was correct in terms of execution I would appreciate it.

    It doesnt seem right, in terms of my price, the opening price, or the time.

    Thanks
     
    #214     Feb 19, 2008
  5. It's not right. If you offer stock short at $10.00 and it opens at $100.00 you get the $100.00. Same with only pennies as a price improvement. Broker is wrong, complain or at least be sure they have the correct order type (Opening Only).

    Don
     
    #215     Feb 19, 2008
  6. What quote sources were you looking at?
     
    #216     Feb 19, 2008
  7. We have tracking built into the execution program. Here's a basic screen shot.

    [​IMG]

    Don
     
    #217     Feb 19, 2008
  8. nue opened on nyse @ 63.99

    99 cents higher than the composite...

    you got filled 99 cents better if you did indeed short...

    either you or i am looking at this wrong...
     
    #218     Feb 19, 2008
  9. caljr

    caljr

    I looked at nyse.com, yahoo.com, and in my trading platform sterling, all say open of 63.00
     
    #219     Feb 19, 2008
  10. hey old guy... when all else fails read the post...he..he..he..:D
     
    #220     Feb 19, 2008