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4 fills, 4 shorts, 3 winners, 1 loser, +0.04 average.

Details?

Then it's more realistic for you to do it. If on top of that you know how about trading it's a big +. I thought about it myself. The problem is that there is no proper degree to qualify you for that. Potentials are; financial engineering, math, physics. But still, you are not a high frequency...

OMG, thit was my 1000th post. What am I doing of my life?

I'm sure at 200k to 800k per year you wont mind enjoying it or not. Be carefull that if you go for the salary the field may get more efficient in a couple years; both in employee qualified to do it and more firms chasing the deals (making it a less profitable thing). Just a random unqualified...

I t happenned a couple years here in Quebec (Canada) and people just went to buy non branded cigarettes in the natives reserves. I dont remember if it was a straight black market or just that there is no taxes in natives reserves.

Sell. If people have to pay to use it they wont. If I was the owner I would sell and buy myself an island in the Caribean. And facebook, I would have sell 2 years ago. And Google, I'd start scalling out à la Bill Gates.

2 new ETF play; short IYR:IWN (smaller size) short IWS:IJR

On any given day I see about 20-30 pairs poping in my scanner and end up trading between 0-3. A purely mechanical system is very hard to build and there are many things to look at. Look at jonny (or PTF users), they use correlation which is not as good as cointegration and they still can make...

No backtest, none. I trade mostly discretionarily so a backtest does not really make sense as it includes many trades I would not have taken. It is good if you trade fully automated. I guess many highly profitable trades occured in the last year and could skew your average win in $ to the upside.

OUT MET:TMK at a small gain.

Above is a spread with the ratio calculated as the OLS beta (hedge ratio from cointegration) over a period of 167 trading days. In that case the spread is HCBK - 1.3*SUSQ for all the period. edit: the ratio is calculated over the entire period. I dont have a forward bias because I dont do...

Away today.

Look at HCBK:SUSQ for example. You see that the pair diverge but the stdev does not shoot up.

No diss taken. You can easilly find 4 stdev away. I'm sure there are 5-6 every now and then. But I dont think that the biggest losers are on big stdev moves. Again, the stdev may not be a good trig to get out. And BTW mergers are announced overnight so if your in there is nothing you can do...

I have EWH:VWO in my scanner but I dont feel it.

The further away the better IMO, with the stdev you can double. On a losing trade usually the thing start to drift way slowly and therefore the stdev does not shoot up that much. So the mean will catch up. If something really go wrong then it's more judgmental than math. If the distance from...

2 fills, 2 shorts, 1 winners, 1 loser, +0.02 average. Good exit on DOW and DHI. They both went up right after.

Based in Cyprus.

OUT EQR:BRE at a loss CNQ:TLM