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Yeah, Pair Trading is a b*tch when it comes to commission.

So its basically 20cents per share. But isnt IB's commission rate at 1 cent per share up to 500 shares? At 20 cents a share, assuming an average price of $18 a share. Commission would be 1.1% ... man ..that's a b*tch. I think my math is wrong somewhere... P.S. Thanks for replying

I am looking at IB's, and this is how I figure.. USD 0.01/Share for 500 shares Assume average stock price = $18 500*0.01 =$5 $5 * 16 trades = $80 500 shares * 16 trades * average price ($18) = $144,000 Thus commission = $80/$144,000 = 0.056% I am missing smthg...my...

Hi, I need some help regarding commission structure for pairs trading. As some of you might remember, I was the one inquiring about setting up a newsletter. I just "manuffactured" a new pairs trading system for daytrading, but am running into roadblock regarding its feasibility, any...

Why dont you just displaced the moving average, i.e. "extending it"/ "extrapolate"?

I have to respectfully disagree. Finding a consistent "edge" is far more arduous than emotion management. Emotions can be honed by experience. Finding your niche might take forever.

that's fine.:)

If you dont mind me asking, what school? btw: your point is well taken.

In response to your latest comment, very very few traders think along the same line - even though they should. most traders just need the basic, i.e. simple rsquare, coefficient, alpha, correlation ... But if you're into statistical arbitrage, statistical models, and what have you...

I think he has to get a grad degree or at the very least a very dedicated ambition to learn intermediate time series analysis (aka books, ex. Hamilton's classic) I cant imagine an undergrad running time series decomposition or markov process, or basic bootstrapping.... you now what i mean?:D...

Its rudimentary for a reason. Someone with only an undergraduate degree would only scratch the surface of Stata. Stata is a powerful powerful resource that is manufactured with rigorous academics in mind. With Excel, you have your basic: covariance-variance, correlation, simple...

For investors, I might see an inkling of a utility, but for trader no. Stata 7.0 Intercool is more geared towards time series analysis and mulitvariate regression for STATIONARY variable series. (Qualifer: You could convert nonstationary into stationary) If you want to do "regression"...

why not trading statements? Its the only proof ... duh.

I have an idea: Why dont you just post your trading statements? That should clear everything up. ---Fish

The verdict on education is simple: It would be helpful but its not necessary. ---Fish

"Civility"??:confused: The title of this trend: "I have never seen a better trader than" Maybe you should heed your own advice regarding etiquette and civility.

Guess we're going to see you in the next edition of Market Wizard. Congrats, Mr. Nibbo.

Can you elaborate....?

Are you being sarcastic?:) I cant really tell.

"Never a unprofitable week" Anyone buying this? Assume 12 weeks for vacation and miscellaneous. 40 weeks X 7 years = 280 consecutive profitable week. I believe it, when I see it.