Opening Orders - 2008

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

  1. FWIW I did an opening order today. I am going to be tracking and trading just GE with small size. It seems I should use the Bright formula but then determine from the premarket some more info. I also am using only MB Trading and I am not positive I am getting the opening NYSE print. But, this is a good way to get familiar with this new to me strategy.

    Short GE 29.21 covered 29.15 (per Don's first .06 auto order idea) +.06.
     
    #941     Jul 25, 2008
  2. GE and EK with boot campers + 14 cents. Actually a good week, but I traded small because I was doing it manually. Back to system on Monday, look out for Murphy's law, LOL.

    FWIW, I tighten up GE and a couple of others daily because of their high liquidity.

    Have a good weekend everyone!!

    Don
     
    #942     Jul 25, 2008
  3. GE did open at 29.21 this morning.
    Off today, courtesy of my internet provider.
     
    #943     Jul 25, 2008
  4. Hi Don,

    With the new opening imbalance numbers out, do you find it helpful in opg orders? thanks.
     
    #944     Jul 25, 2008
  5. 5 fills all long, 4 winners, 1 small loser

    +190

    Time to slowly increase my share size. :D
     
    #945     Jul 28, 2008
  6. 1 fill, 1 long winner (+0.32)
     
    #946     Jul 28, 2008
  7. Still in front of boot campers (should probably stay this way, LOL).

    3 fills of 11 stocks, all winners +21 cents. 6 days straight I think.


    Don
     
    #947     Jul 28, 2008
  8. First day of keeping track of boot camper openings (I hope I don't jinx it).


    16 boot campers. 6 with no fills or absent.

    Fills Net cents

    8 +107
    6 + 5
    1 + 17
    1 + 51
    3 + 42
    4 + 29
    3 + 7
    3 - 1 only net loser
    3 + 19
    1 + 6


    Pretty good start. I won't post this much detail, but will post for the week. I only post the pennies because some are trading 100 shares, some more...but all report as if trading only 100 shares.

    Good job guys!!

    Don
     
    #948     Jul 28, 2008
  9. Really went for it ...
    13 fills, 8 winners, 5 losers, +0.04 average.
     
    #949     Jul 29, 2008
  10. 1st time posting. Had 5 straight days of wins (with real money) but lost today. Had 1 winner and 3 losers. My losers were BAC (short), AVP (short), and KFT (long). Got hit hardest on BAC. It was strengthening early so I got out with a 0.31 loss.
     
    #950     Jul 29, 2008