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Thursday: -20 USD (No plotter) Friday: +481 USD

Decided to post my PnL whenever I have the time left. +305 USD

http://finance.yahoo.com/video/companynews-18928726/goldman-looks-to-move-proprietary-trading-desk-21551637

New positions. Long PAA @55.24 Short MMP@45.14 Long SLF @28.39 Short MET @35.98

Stopped out. Sold PVA @24.94 (-3.71%) Cov. SFY @29.91 (-3.89%)

New trade. Long LNC @25.02 Short PRU @51.94

I use PTF only to scan for pair combinations. For signals I use the ToS software.

New trade. Long BEAV @25.04 Short GD @71.21

The thing I dont like at WMB-MMB pair at the moment is, that the spread makes new 12 months lows. That would make me atleast cautious on the trade.

New trade taken premarket. Long AU @34.78 Short GFI @11.22 I like the WMB-MMP trade alot too, but will wait for some better entry prices since my extremes arent reached yet. Of course there is the risk of missing a good one by doing that.

Since I was not happy with the results lately, I made some tweaks to my pair trading. Here is the first trade. Long PVA @25.90 Short SFY @28.79

Thats how it looks like. Go to Bright Trading, take their program and run your own business. Dont let yourself churn by them.

The problem that I noticed is, that 1-2 big hits between 100 and 150 USD that will come very likely during a month reduce the profit dramatically. Sometimes to 0, or below. Even with these positive stats in your back its often a zero sum game.

Interesting approach. Thanks Walt!

Opened that trade yesterday. KO BOT 56.20 JAN 5 21:05:05 PEP SLD 61.92 JAN 5 21:05:20

Just to add some content since its a journal.

Yes please, Don!

I enter my trades the old fashioned way using limit orders and executing leg by leg manually. Never had problems with IB. Fast or slow markets. Started with them almost 10 years ago.