Opening Orders Strategies

[brownsfan019 17]

This thread over at ET is a good one being run by Don from Bright Trading. I haven't done much w/ it since I do not trade stocks anymore, but if you are trading stocks or need an idea to work with, check that thread out.

 

WARNING: There's a lot of reading and studying that will need to take place, esp. as you click all the links in the 2nd post on the first page of the thread.

 

Side note - it'd be great to have Don post over here as well, so maybe James could contact him and offer an official invite.

[thrunner 10]

Thanks for the thread. However, I think the latest details of this method is proprietary and Don Bright is not willing to share it according to this post:

12-31-01 11:40 AM

 

Originally posted by DATTrader

Don,

 

Have you actually explained the concept of this strategy on a different thread? I don't see it anywhere on this one and the spreadsheet you posted seemed to be stats only. I followed Edge's explanation just fine but am interested in reading it explained in your words as well. Thanks.

 

 

I have explained the basics, but for this particular strategy I really need a few hours in a classroom setting...since the exit strategy is much more complicated than the entry strategy. We have modified, updated, and streamilined somewhat the methods used (with better results).

 

I purposely try not to "hold back" or "bait" anyone into thinking I am trying to sell our school or firm when it comes to offering strategies....but in this case I simply cannot (in good conscience) share all the details involved (especially since we change the basics monthly, it seems).

 

I put in bids and offers on a given number of stocks as "opening only" trades, and trade out of them based on our advanced exit techniques (even though for the most part, we are "out" within 10 minutes or so).

 

 

__________________

Don Bright (not an alias)

[brownsfan019 17]

While the entire strategy may not be laid out in 1, 2, 3 format; there is some good stuff there, esp for beginners (hence the reason this is in the beginner area).