Recent content by JohnP1000

Hi Pairsguy123, I am using Pair Trade finder and it seems to do the job but I am not all that confident about the back testing algorithm, it doesn't seem to take into account multiple layers during the back testing. I may be wrong though but my test results don't seem to change when I add...

Hi Deucy, Once again thank you for your response to my post. I closed MRO/NBR for a small loss, if I had waited until the following day it would have been a small profit, perhaps I should consider trailing stops. I took a trade on AVB/ESS, it looked good to me so I decided to go for it...

Hi Deucy, Thank you for your reply. Your very long look back is very interesting and I can understand your reasoning, it makes complete sense. However, do you not think that market dynamics are constantly changing which implies that the most recent data is the most important and there is...

Hi Deucy, I have only just picked up on your comments about CFN/STJ. I note your point on the very sharp decline, I guess this could lead to further decline, momentum, which it did! And as you say it looks like a H&S. Your rule of staying clear if one leg has done something dramatic...

Hi Deucy, It looks like it may just be the two of us on this thread at the moment. Thank you for your response to my HPQ/Dell trade. I see your point about the trade not fitting your comfort zone and I must say that had I have looked at it in chart form over several years I may also...

Hi Deucy, I won't post any more after this one. This is NBR/MRO and it is tormenting me a bit. I have only entered at layer 1 but may consider another trade on it if it drifts much further apart. I think I may just need a bit more time with this one. I hope you have had a good week end...

This should be the chart of STJ/CFN

Hi Deucy, Thank you for your interesting comments. Point 1) I am not to fussed about my trades being shown, if people want to comment or criticise them they are more than welcome. I have noticed that on this and other threads that some people do wish to keep their trading activity private...

Hi Deucy, I forgot to state trade direction for my open trades (the direction refers to the left code):- BRE/CLP 15/11/12 Short BAX/COV 13/11/12 Short ALGN/ZMH 13/11/12 Long CFN/STJ 12/11/12 and then layer 2 - I didn't write down the date-ugh! Short NLY/SNH 12/11/12 Long...

Hi Deucy, I forgot to say that I am more than happy to post my trades on this thread for comment and discussion, it is likely to help me with my trading but it may also help others who are just following the thread. I will see if I have any candidates on Monday and if there are I shall...

Hi Johnr777 and Deucy28, I thank you both for your advice and interesting posts and yes, I agree that pairs trading is a statistical numbers game and the challenge is to get the odds on your side. My first trade was on the 25/09/2012 and I didn't place my second one until the 12/10/2012...

Hi Deucy28, First of all I am amateur trader and very new to pairs trading so for pairs trading experience I am at level 1 - on a good day! Point 1 - I have come to the conclusion that for me, statistically backed methods of trading seem to capture my interest and suit my style. I have an...

Hi Slave2Market, Day trading is out of the question for me, I have a day job that gets in the way. This is probably a good thing really as I don't think I am cut-out to be a day trader. I don't mind spending an hour or so in the evenings to place a few trades and with the US market being...

Hi Slave2Market, Just looked at your post you referred to and read your interesting comments. The Flash Crash certainly did some damage to the PairTrade signals pairs, those losses on page 5 would probably have wiped me out. But you are still pairs trading so I guess you are making it work...

Hi Yobo and Mike Trent. Thank you for your postings, you make some very valid points but it sounds like you are primarily day traders and may have a different view of trading to me. I am trading just in the evenings after work and happy to hold positions from a few days to a couple of months...