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Post by cosmic on Aug 25, 2010 21:27:19 GMT -5
As I'm sure everyone is seriously reviewing the charts for Road to Opex III, I thought I'd open a Question/Comment thread.
Ok, looking through the suggestion box, Taj has asked if we can use a shorthand for making our entries so that it will be easy for him to compile the spreadsheet.
I agree with his idea, and starting in this contest you can use the following type of entry:
tajmahal@FAS@23.02
As well as the traditional type of entry we've always been using. If you use the shorthand, all other values - # of shares [because you always purchase the maximum you can with your BB's], and remaining BB's can all be computed with formulas.
Anything else?
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Post by Rich on Aug 25, 2010 21:30:54 GMT -5
good idea.
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Post by ask2lern on Aug 31, 2010 13:32:06 GMT -5
Can it be an options trade?
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Post by cosmic on Aug 31, 2010 13:36:17 GMT -5
It would be nice at some point, but it would probably get complex with expiration, etc. (Obviously we'd only do long options - puts/calls) but maybe we can do an options oriented contest? It'd be a great way to learn different setups.
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Post by brosin on Aug 31, 2010 16:00:51 GMT -5
We can trade in the PreMkt, correct?
I'm assuming it has to be a stock that is liquid enough to actually have volume though...
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Post by cosmic on Aug 31, 2010 20:59:35 GMT -5
Yes you can do a trade in Premarket IF the stock generally trades some volume.
The thing is you always BUY at the bid ask so PM spreads are generally yuck.
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Post by Rich on Aug 31, 2010 21:01:44 GMT -5
Can I buy in absentia?
I probably won't be here tomorrow.
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Post by cosmic on Aug 31, 2010 21:09:58 GMT -5
I guess, Rich, if you want to send me a PM that you want to buy the 9:30 Open for a specific stock, I'll post your entry then so long as no one objects.
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Post by Rich on Aug 31, 2010 21:13:46 GMT -5
Thanks bud, I'll have it for you shortly as long as nobody minds. Also second and third choices in case somebody has already picked what I want. Contest, contest!
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Post by cosmic on Aug 31, 2010 21:30:38 GMT -5
Got em
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Post by blueskies on Aug 31, 2010 22:01:22 GMT -5
oh good god cosmic....this is truly a difficult call for this contest. trading the chop..
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Post by Cosmic on Sept 1, 2010 7:03:59 GMT -5
Yeah, it has me so worked up I said "Buy at the bid" which is clearly wrong, you "Buy at the ask"
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Post by brosin on Sept 1, 2010 9:11:17 GMT -5
I wanted to go CZM, but it isn't liquid enough to have been trading premkt. SOXL was but that was too high for my liking. FAS was only up 3% when I bought. Gotta love the liquidity - so many sellers didn't see this coming today!
Now will it last 3 weeks... I think it will
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Post by brosin on Sept 2, 2010 16:43:02 GMT -5
Can I please be made a moderator of the FME so that I can post in the Contest Thread?
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