Recent content by donbright

Just checking in with T2W after a couple of years. Good to see the site is doing well. Regarding some of the replies in connection with "Gambling vs. Trading." - It makes sense to only trade when you have an edge, of course. Can someone please define what they consider to be the edge that...

:) We start our people with training in market mechanics, and just plain "how things work." For example, we don't wait for the stock to open, we place "opening only orders" based on certain criteria, for maybe 40 stocks....buys and short sales. Perhaps only 4 or 5 will gap far enough for us to...

Since a bad debt comes from a "good" debt, it would simply reduce the amount of accounts receivable from the asset side of the balance sheet. Don

CPB was good this morning (got out too soon however)...anyway +$487 - out of everything at 5min33 seconds after the market opened.

I'm not sure how much God had to do with it, but I do appreciate the welcome!! Don :cool:

Yeah, I'm "multi-tasking at times, LOL. I actually read about this site on ET...and will try to help out when I can.

Overnight gap up counts as uptick, and you should probably check the SHO list to see if an uptick is required before entering an order at a lower price than the previous day's closing price. Be sure to adjust your bid/ask envelope and modify pricing adjusted for Fair Value and S&P futures...

Most newer traders are generally confused about support and resistance price levels. In many cases, these price levels, and the subsequent "trading range" is simply a matter of dividend yields. For example, if a stock is returning 5% at $20, not bad...but when that becomes 2.5% at $40, not...