"A man is not finished when he is defeated. He is finished when he quits."

Tuesday, February 16, 2010

February 16th; AIG & ERX


The one thing which stands out most about today is the reminder of how slow to fill are orders placed at or near the open. My first paper-trade was a buy eleven minutes after the open and the trade price was approx 27.28 when I clicked and by the time the order filled, the fill price was 27.382. Ouch... there's some slippage fer ye! Still, a gain is a gain is a gain. For the most part, my reads were correct but just slightly early or slightly late on some occasions. Not bad overall. One trade at the end averaging for a better price.