Search results

I don't want to get in a heated debate about co integration vs correlation, as I can see the merits of both, and as some have mentioned co integration is more complicated and a bit harder to understand, however most of us here are using correlation and it seems to be working fine. Can someone...

I plugged this pair into pt finder, and I tell you what, you have found a great pair to trade, Im going to keep it on my radar, it has a historical 100% win rate with a avg win of $1368 per $10,000 invested and avg trade length of 7.33 days and a wide ranging ratio chart makes this pair a good...

Yes I think the data is put through a model which allows the 2 stocks to be compared as 1 to 1, making all assessments symmetrical in their output, and yes dollar neutral for eg..is going long $10,000 of stock and short $10,000 of another stock, simple formula....desired position size / share...

I think measuring by the total $ invested on both sides a conservative way to do it, so in your case I would say 5%.

Mikee, yes that trade is looking a little silly now, could of easily gone the other way, its not having a huge impact on my a/c, win some - lose some, live to fight another day. Neospecialist, yes thats funny, because Im showing the original signal on the same date as you when I look in the...

Closed 2 pair trades for tidy profits Sold CNMD @ 13.47 Covered SMTS @ 15.17 Sold MA @ 184.99 Covered V @ 66.63

neospecialist, I didn't wait any longer after the signal was given, I had it triggered on the day I placed the trade, Im using default settings in pt finder, not sure why you got it earlier. also with the question about being beta neutral, I only trade dollar neutral, its simple plus it works...

New trades Long LNN @ 39.69 Short BUCY @ 25.43 Long MET @ 27.71 Short PRU @ 31.00

Guys, Il answer both your questions at once, basically I have guidelines for potential trades, these are rigid rules as such, so whilst I look at several different charts and analysis, not all of them have to strictly conform, in the MA/V eg, the spread isn't at the extreme but its close, i...

New trade on Monday Long ALL @ 23.41 Short CNA @ 13.65

You may have to check with them, but from what I know they only disclose the formula methodologies to paid members upon request.

Yes it was on closed equity, I don't know exactly because I don't measure nor look at open PnL, however I would say that max drawdown including open equity wouldn't have been more than 10% which is easy on psyche, its once you go above 30% drawdown that it becomes gut renching and most hedge...

No probs zeke. Fridays Trading: Closed trades: Sold AEC @ 5.53 Covered HME @ 35.32 Sold TMK @ 29.26 Covered MET @ 27.58 New trades: Long MA @ 172.84 Short V @ 65.01 Long DAC @ 4.07 Short SB @ 4.89 Sitting on a 110.4% return for the journal, portfolio at all time high.

appleseed, yes MOC orders most of the time or try and enter right before the close, I find trading around the close to be the best time, more liquidity, tighter spreads, reduced volatility. I know yahoo use CSI as their data supplier, and I would say they receive the NYSE closing price aswell...

Just keeping it simple with the money management, nothing fancy. The average win and avg loss aren't asymmetrical, as its a rolling mean, not a static one, I don't think using profit or loss targets in any system improve performance, its better to let the market decide how much you make, some...

You can control the unexpected through prudent risk management, just I said in the above post, don't put more than 30% of your a/c in any one trade, therefore a large price move won't affect your entire portfolio, to mitigate the risk of these events you can choose not to take trades several...

Generally money management is don't put more than 30% of your account in any one position, in that case even if a stock halves overnight you have only lost 15% of your a/c. Most of us here don't use stop losses, only exit when the pair comes back to the mean.

New trades Long TNP @ 15.48 Short OSG @ 28.12 Long PBNY @ 8.87 Short NWSB @ 18.12

I started this journal to help my own discipline in trading, I made a commitment to myself to stick to this journal, its not as easy to deviate from a laid out trading plan when your trading in front of other people, therefore it keeps me systematic, im not here to pimp pt finder, couldn't care...

New trades Long CNMD @ 12.31 Short SMTS @ 14.90 Long JBHT @ 26.89 Short KNX @ 17.38