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  1. J

    Pair Trading Strategy Journal

    Got an exit signal today and closed another trade for a nice profit, 8pts in 2 days, not bad. Sold APA @ 110.03 Covered ECA @ 67.13 Opened 1 trade today: Long MUR @ 71.91 Short APA @ 110.03 Basically just flipped by APA position. Wins: 5 Losses: 0 Open trades: 13
  2. J

    Pair Trading Strategy Journal

    Yes Yobo trades are going great, open & booked profits are covering my open losses. Got exit signals on 2 trades today, closed both at a profit. Sold HD @ 29.33 Covered LOW @ 26.71 Sold M @ 21.89 Covered TGT @ 55.01 Wins: 4 Losses: 0 Opened 2 new trades today: Long AKS @...
  3. J

    Pair Trading Strategy Journal

    Joab, interesting to see your on the other side of our CF/POT trade, would be pretty cool if we could both profit being on opposite trades. when are you thinking of exiting? any stops or targets in place?
  4. J

    Pair Trading Strategy Journal

    Was talking with some other experienced pair traders today, they expect the next several years will be great for pair trading, range-bound markets, high volatility & hedge fund closures, good for us I guess. Closed 2nd trade today for a profit: Sold GOOG @ 465.25 Covered AAPL @ 166.19...
  5. J

    Pair Trading Strategy Journal

    yobo ive done some simple testing on the forecast function and I didn't find anything of predicitive value, however as GGSAE suggests a combination of different measurements might work. Hey Emilo at what point of stdev would you take a loss if you've entered at 2stdev, do you take a loss if...
  6. J

    Pair Trading Strategy Journal

    Thanks for the heads up powersignals, its funny you say wait for the correlation to be in an up-trend as I was just looking at that exact condition for an filter a few hours ago, looking back at the charts and signals generated they are definately more reliable when the correlation chart is an...
  7. J

    Pair Trading Strategy Journal

    Ok some useful information there, definately incorprated into my trading plan. Do any of you guys pair trade small caps? what are they like to trade? One Trade today, I'm short the large stock and long the smaller stock. Also IR has a lower PEG & PB relative to ITW. Long IR @ 36.93 Short...
  8. J

    Pair Trading Strategy Journal

    Yeah maybe my CF/POT trade isn't so good in terms of risk/reward, interesting stuff abt mkt cap for bias, it does make sense to be long the smaller stock, think i might incorprate that into my trading plan going forward on a discretionary basis.
  9. J

    Pair Trading Strategy Journal

    ok point taken GGSAE, how do you access fundamental strength? yeah most of the trades are working well today yobo. One Trade today: Long HON @ 50.36 Short LUK @ 46.45 Open Trades: 11
  10. J

    Pair Trading Strategy Journal

    Thanks yobo, yeah I guess pairtrade finder signals have different variables in them compared to yours, also I can tweak the parameters for how the signals are generated, interesting how one of your conditions is for the long stock to have RSI > 40 and short stock to have RSI < 60, I haven't...
  11. J

    Pair Trading Strategy Journal

    Nice one yobo, you would have got a better cost avg than I did on those trades. One Trade today: Long ROK @ 46.74 Short WY @ 53.28 Open Trades: 10
  12. J

    Pair Trading Strategy Journal

    Thanks for your comments guys, good to see senior members chime in. Closed first trade today: Sold AMT @ 40.50 Covered CCI @ 36.39 Profitable on both legs. Opened 2 new trades today: Long GR @ 50.33 Short COL @ 51.81 Long MBT @ 64.23 Short TII @ 13.50 Open Trades: 9 I...
  13. J

    Pair Trading Strategy Journal

    GGSAE, appreciate the tip, I did notice that my CF/POT pair has the highest volatility(1.54%) out of all my open trades, and I did reduce my normal size for this trade, my trade size is 15% of my a/c value on this trade, so a 50% overnight drop in a stock would equate to a 7.5% decline in my a/c...
  14. J

    Pair Trading Strategy Journal

    Thanks Susannah. No I haven't tried ninjatrader, i was recommended pairtrade finder to me from another pair trader. and yes so far so good, ive paper traded it and came up with good results just trying to do the same in real time now. ive tried analysing trades in excel a few years back and...
  15. J

    Pair Trading Strategy Journal

    Thanks for your support yobo. One trade today, a nice divergence between the ratio chart & RSI chart drew my attention to this pair. Long POT @ 177.04 Short CF @ 146.85 Open Trades: 8
  16. J

    Pair Trading Strategy Journal

    Yes by looking at some charts of different pairs you can make alot of $$$ on divergence trading the pairs instead of reversion trading them, i'm definately going to have a closer look at this style, I think the holding periods would be longer though as you would want to stay with the trend...
  17. J

    Pair Trading Strategy Journal

    yobo, thanks for your input, I appreciate that, its always interesting to hear from another pair trader how they make their coin. There are so many different ways to pair trade, everyone can really customize their own style. If I were to trade pairs by divergence instead of mean reversion I...
  18. J

    Pair Trading Strategy Journal

    As Ive said before I like to take trades when a signal has been generated and the two shares move away from each other even more on no significant news as is the case with my 2 trades today. Long GOOG @ 491.00 Short AAPL @ 176.89 Long PBG @ 29.80 Short DPS @ 24.28 Open Trades: 7...
  19. J

    Pair Trading Strategy Journal

    One trade today: Long M @ 19.41 Short TGT @ 51.06 Open trades: 5
  20. J

    Pair Trading Strategy Journal

    no intraday trades yet, looking to hold trades for 4-7 days average maybe a little longer whilst I wait for a exit signal.
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