Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (2171)	2/7/2005 12:09:13 PM
From: Bob V	Read Replies (1) \| Respond to of 13449

I was going to ask what kind of trading set-up (hardware and soft ware) you had. I find it very hard to keep track of several positions. At present I have 5 open positions and a watch list of 15-20 stocks that I'm trying to monitor. Like yourself I rarely trade the first 30 minutes so a couple got away this morning. I don't like to use stop loss orders as I seem to be the guy that sell the shares at the bottom of the spike. I have used buy stops but not in the first 30 min. I have warning bells on my IB trade station but that can get confusing when you get 2 or more stocks moving. I have a realtime subscription to Yahoo and set up a watch list so I can check every so often to see if stocks are close to or over my entry. I constantly monitor my IB workstation to check on my open positions, it shows realtime profit/loss so I'm aware of how I'm doing and I don't miss stops by much if at all. Are you doing anything different?