Recent content by mpat89

Was watching this one too but couldn't find a trigger to get in according to the way I trade. Is posting this triangle on this thread really going to stop this setup from playing out in the exact same way? Come on people.

hey all, when you say 'price action' do you mean price behaviour in terms of an overall picture that price is telling us, or do you mean individual bars like pinbars & engulfing bars?

Yes absolutely. Thank you very much. I was aware that forward testing would be required but had forgot to include it in my previous post. I suppose each pair should be treated as an individual strategy and forward tested accordingly. It will be a hell of a lot of work for an amateur programmer...

Hi, that is a good question and no I am not at the stage of running forward test yet. Is the universe of cointegrated pairs constantly changing? I had viewed this as a relationship that would generally hold in the long term for some fundamental reason.

I have developed some code to check through the stock market for cointegrated pairs using end of day data. The number of cointegrated pairs I have is absolutely astonishing (so far a small percentage of stocks have been tested but I already have too many pairs to know what to do with), and using...

Hi is anyone using co-integration as a filter for tradable pairs. I noticed that Catalyst Corner gives a lot of pairs are cointegrated but when you go to test them yourself it's rare that they are actually cointegrated. How is everyone else checking cointegration? Is it right that it is the main...

How do you add FX to PTF?

Yes this helps a lot. Thank you. Trying to improve on my trading, having started on 29th November my trading has been sideways, currently less than 0.1% down with commissions (1.72% realised and the rest unrealised) - 8 closed trades & 13 open but halved the size per trade somewhere in...

Is it wise to employ a minimum market cap. on each of the legs of a pair trade? I currently have not been doing this & have attempted to mitigate this by discarding setups when beta's are too different and also by ensuring I am not short a stock with much lower market cap than the long stock...

Thank you for sharing. Is that >5% of one side (ie avg loss 2.5% each side) of 5% of the sides added together (ie 5% avg loss each side)? Also, do you monitor whether you could have had a better exit on the eventual reversion of the pair?

Was just wondering, when people pair trade (specifically using Pair Trade finder), is it generally acceptable within the strategy that stocks can be more than 15% 'offside'. For example I have shorted TCK:NYQ at 49.2356 (avg) and it currently trades at 56.87, approx 15% higher. Is it the case...

Some more trades: Sold CPX @ 31.38 Covered RES @ 30.45 Long ROK @ 68.15 Short WGOV @ 37.95

Thank you for your input. I think it makes sense to have a maximal number of open trades as long as the risk to the account is sensible. For me, I am not prepared to reduce my size as I feel any smaller would not be worth my while (I will openly admit that I am only doing $2000 per side). For...

Same industry, high correlation and good backtest data, plus no fundamental reason against the trade and no planned news releases that would affect the fundamental nature of the trade.

I am looking for advice if anyone cares to help. I am inexperienced so am looking for those who are experienced to give me their views. I am trading using Interactive Brokers. My equity comes from a stock holding that I already have. I am prepared to trade 3% of the equity holding per side...