Opening Orders - 2009

I don't care about technical levels, but I will sometimes skip a stock the day or days after a crazy move on big volume.

I trade several different strategies. No single one contributed more than 1/3 to my total yearly P/L. But I don't do any tape reading.

 

5 Fillls this morning; Let CVS run way too long hurting profits but .06/share pull with 1800 shares

Thinking about upping lot sizes...

 

14 Fills 13 wins 1 Loss All Shorts (I did enter longs)

+8c

 

VinMan- when you quote the P&L per share are you counting both the entry and exit trades?

In other words, let's say you make $100 gross profit by shorting 1,000 shares. If you include covering the short, the total shares traded are 2,000.

Would that be +5 cents per share? (100 / 2000)

 

where can I find how this opening order strategy works?

 

1 fill, short, + 0.08
Could have been better.

 

Read the thousands of posts from the years before. See the links at the begining of this thread.
See this one in particular;
http://www.elitetrader.com/vb/showt...2&highlight=predicted+and+opening#post1718522

 

10 orders, sell only, 1 fill MRK 32 cents.

 

did anyone get stuck into PRU. Huge loser short. Should I have taken this out?

 

Took it off myself: "Analysts sees potential improvement for non-life insurers in the fourth quarter"
Even if PRU is in life insurance I cut it.
http://biz.yahoo.com/ap/090106/insurance_ahead_of_the_bell.html?.v=1