Recent content by sslavin

That's very true. I can't believe lately how many fills it takes to get 500 and 1000 share orders done. Can you imagine a 50,000 share block. It could take the computer a while...and meanwhile...we're the ones getting sliced and diced. Has anyone else seen the programs that the funds use...

Ain't that the truth! The biggest issue for me lately is justifying risk for the reward, and frankly there are many hours in the day where the risks are just not worth it. I've heard someone say that on any one pair they'd be willing to risk 25% of their account. I heard this recently and...

Yeah... I guess. I have 10 monitors in front of me. 4 for pairs. 4 for one sided analysis, and two for order entry. 4 computers total. You don't need to have all this, I've just morphed into it over the years. My in and outs are all technical based. Looking for logical sup/resist, and...

Fortunately, I trade big enough that my rebates made me some money. But I'm only making a few thousand a month after all is said and done. I'm up 4 out of 5 days, then some freak takes out the week's gains. Been doing that for months. It's a far cry from me making $30 and $40 grand a month...

Guys, Well...I'm not sure where Don is on this situation. I really don't think Bright has ever said it's a core strategy. Maybe that was true for one quarter here or there, but I seldom hear anything from anyone from the Bright camp on this issue. Trading volume in general has been up...

It's been a while sense I heard from anyone. You're right...pairs have been VERY hard in the last quarter. Unreal trending going on. Of course, much of pairs is fading price action, so for those who do that it's been tough. I've never seen anything like it really. Let's try to be more...

Intraday pair scalping has been unreal lately. It's very tough to make anything without having multiple legs...it's possible...but it's tough. It requires a lot of patience and multi-tasking. I'm trading at least 5 at a time -- going after 25-75c moves. Tough stuff. Overnights haven't been...

This is a great example of the pitfalls of ANY speculation. I don't care how great you think the trade is, in the market you have to work based on probabilities with no guarantees. Pairs can do weird things -- things you never thought possible. Each pair has a history, and a range, and only...

Ok -- I've looked at both a price difference chart and a % chart (or ratio chart) of MWD:MER and MWD:GS. I use a 1:1 differential for MWDMER and a 1:1.5 differential for MWDGS. This was on a 10 min chart over 5 days. First off -- what would visually confuse me is the small numbers in % than...

Quote from Fraze14: Return correlation seems to be a more accurate measure because it doesn't treat the moves of a $5 stock and a $20 stock the same, like price correlation. -------------------------------------------------------------------------------- In reply to Fraze14 -- again...

I think it just depends on your time frame you trade in. Let's say you do your research and conclude on a 5 year chart of a pair that the two stocks difference is "out of whack." Say...at an extreme relative to their past. Yet the fundamentals suggest a convergence back to parity over time...

Sure...I'll give it my best shot. 1 &2) I'm a prop trader with Bright Trading. My comish is less than .75c/sh. What I do many can't simply because their costs are higher. Comish is definitely an issue in any strategy, but especially pairs since you have the long and short to put on and...

I disagree that most traders trade ratios (C divided by JPM) versus differentials (C minus JPM -- with a multiplier factored in to the differential -- Like (C*.7) - (JPM *1)). Differentials by far better reflect the real risk of a spread in true price changes versus percentage changes. I'm...

You might also look at www.pairtrader.com. Good info and products, etc. Let's keep up the good places for research/education for pairs. Thanks.

www.pairtrader.com is another site for pair strategy, education, and software. -- ss