Opening Orders - 2008

Small list if front of class. Entered 15, filled long on 5, all small winners for a total of 21 cents.


Don

 

Just GE and HPQ, both pretty good. +32 cents +$580 approx.


Don

 

Sold GE as well for 17 cents.

 

1 fill, 1 long loser (-0.11).

 

Expiration today.

 

2 fills, 1 long loser (-0.07), 1 short winner (0.12).
Expected much better.

 

5 fills, a couple big losers, -20

 

I was dealing with Goldman about the SEC short stock "emergency order" - missed the open.

Back to it on Monday.


Don

 

2 fills short on TWX for 6 cents and YUM (partial fill :eek: )for 12 cents

Canceled drugs today, probably for this week too. Too much news/earnings.

I've been getting consistent these past couple weeks and will probably increase size next week.

 

I am currently using a .10% stop along with retracements as follows:

.10% 25% of position
.20% 25% of position
.30% 25% of position
.40% 25% of position

Do you think I should stay automated completely or partially execute manually to tape read?