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    Pairs Trading

    I'm told it has become diluted, though not rendered entirely ineffective. Isn't it fair to say that today the Opening Only strategy doesn't produce the returns, with the ease, that it did even 5 years ago?
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    Pairs Trading

    For a low-cost solution you're probably best off with Excel. I haven't heard of another good, cheap solution for charting pairs, but that doesn't mean there isn't one out there. Perhaps someone will chime in. If price is no object, CQG does a bang-up job of charting stock pairs along with...
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    Pairs Trading

    Heh -- indeed. When my partner and I started doing it we thought we had discovered fire. There was no popular literature on it, no web sites dedicated to it, no free, quickie stock correlation utilities available on the net. We thought we had cracked some secret code, and we held tight to...
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    Pairs Trading

    I think you might get different answers from different traders, but for my partner and I -- as well as the small trading group we developed our strategies with -- it was all about the directional and volatility view. We didn't ever try to find optimal values for correlation, nor did we enter...
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    Pairs Trading

    Not bizarre at all. It's no real trick to get a win-rate that hovers near 80% -- give or take a % or 2 -- in pairs trading, as long as you're willing to accumulate positions. My trading partner and I did it for years. I think pairs scalpers who go home flat would have to sell their souls to...
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    Pairs Trading

    Agreed. View anyone who tells you it's an easy trade as a huckster with something to sell you. It does require a lot of preparation and homework, and the strong stomach mentioned by Hooked2000 bears closer inspection. Pairs traders most often (though not always) add to their losers, adding...
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    CQG formulas and conditions

    I used CQG for years (though I do not now) and found the CQG staff quite helpful in developing formulas and conditions. With their help on simple ones you'll quickly get the jist of it and be off on your own. It's easier than it looks.
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    Desperation 2.

    Master Carpenter reveals simple 3-step technique for making serious money in carpentry! Easy to follow video will show you step by step, how to measure, cut, and assemble just like one of the world's top carpenters! These secrets are hot, known only by the best of the best! To prevent...
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    Odd lot theory

    Yes.
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    Don Bright/PairCo in Chicago - Free

    If you guys are looking for dinner, either before or after the seminar, you should check out SkrineChops. http://www.skrinechops.com/ Before the owner was a restauranteur he was a broker in the 30 Year pit at the CBOT. I used to buy SkrineChops by the box from the guy when it was just a...
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    Where did the term long and short a stock come from?

    Interesting question. I broke out my copy of Wall Street Slang: High Steppers, Fallen Angels, and Lollipops, which covers trading-related slang going back many decades -- into the early to mid 1800's -- and found nothing. Long and short are so firmly embedded into the lexicon that even an...
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    How to bounce back?

    So noted. The ability to trade "market neutral" was one of the big attractors to pairs trading for me early on. In fact, we tried to incorporate options into our pairs strategy but, with one exception, none of the ideas we looked at seemed to add value. One thing that was successful for us...
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    What do you think of this trader's sentiments?

    Maybe this from the same thread: Or this a few posts later:
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    Anyone hiring in Chicago?

    Floor positions look like they might be hard to come by in Chicago. I was down in the S&P pit two weeks ago, as a guest of a friend, after having been away for over five years. The difference is remarkable. There's nobody there...
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    Do you believe "The Little Book That Beats the Market "

    It's You Too Can Be a Stock Market Genius
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    How to bounce back?

    First off, many thanks to posters who have taken the time to reply so far. It is much appreciated. Now for some particulars: Actually, that was a great time for me. My rate of return started to contract in mid to late 2003. 2004 was a lean, though profitable, year, and 2005 was the killer...
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    How to bounce back?

    I've suffered a huge reversal in my trading over the last two years, and it has (almost) completely broken me. I know I'm not the only guy in this business to find himself in this position, and since I've been an off-and-on lurker on these boards for years now, this seems like as good a place...
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