The Opening Orders Thread

Discussion in 'Journals' started by Don Bright, Dec 29, 2006.

  1. 1 long fill for a modest win, +77, 2000 shares.

    A little hasty on the exit in hindsight, but I try not to push my luck on longs given an up open and a slumping market post open.

    My exits are manual as well.
     
    #1511     Dec 20, 2007
  2. Alegnus

    Alegnus

    $60 yesterday, $100 today
     
    #1512     Dec 20, 2007
  3. you profit per unit is impressive...

    will you scaling up soon?
     
    #1513     Dec 20, 2007
  4. DonKee

    DonKee

    Don,

    Since you brought up your automated account, would you be willing to share the exit and money management aspect of it?

    I think we all know that "price improvement" can work both ways and it seems like using stops in a total automation mode would get you a lot of horrible slippage on the "money management" side of the equation.
     
    #1514     Dec 20, 2007
  5. Alegnus

    Alegnus

    Every day I figure out how much I would have made if I was trading 1000 or 2000 shares per symbol..LOL.

    I'll be scaling up slowly, but I'm not yet comfortable with my exits. This week i had a few positions go $150-200 against me before it hit my profit target. That's on only $15-20K in shares per symbol. I want to add more symbols too so as not to be too heavily weighted in one position.
     
    #1515     Dec 20, 2007
  6. Alegnus

    Alegnus

    Probably a tough comparison, but do you think your fully automated account performs better than the other?
     
    #1516     Dec 20, 2007
  7. Started out with .2 envelope on sells, no buy orders. Then adjusted manually from there.
    Had all kinds of problems...did the best I could on 3 fills short GE HD & T & ended up slightly green after commish. Kind of a let-down for year-end expiration.

    Wishing everyone a Happy Holiday :)
    PS - I'll be here for the open on Monday
     
    #1517     Dec 21, 2007
  8. hard to believe...no fills

    have a great holiday...see ya next year....
     
    #1518     Dec 21, 2007
  9. You're right, tough comparison...a lot "coulda done betters" on both it seems, LOL.

    OK, today Goldman has a bunch of problems pre-open, got them fixed just in time for opening, but positions were a little off.

    6 fills +$1040.

    If you don't trade Monday, have a Great Christmas. I actually like those half day, Holiday days. So I'll probably come in.

    Don :)
     
    #1519     Dec 21, 2007
  10. I was a bit disappointed when my stocks were opening up and I was getting no fills, then a few opened a little late that I got filled on.

    4 short wins, +321, 6100 shares

    Again not as productive as I would have liked given expiration, but you take what you get.

    Merry Christmas to those not trading Monday; I'll be in, trying to pay for this weekend's shopping spree and my Steeler playoff tickets :D
     
    #1520     Dec 21, 2007