Quote from riskarb:
Ahh, but only the pairs-traders at Bright, right? All winners over at Bright, 100%. They're short growth/value into any decline and long growth/value into any rallies. Nice!
Well, you just about got it right, LOL.
We've done pairs trading for decades, nothing new, just added a lot to the mix IMO. I am proud of my guys at PairCo, and don't apologize for showing it.
No "rose colored glasses" - still about 70/30 winners to losers (pairs, not trades), but it's nice to see a large group do so well.
The fundamentals determine the long/short...tape reading helps with the entry exits, and profit targets and layer additions determine trigger points.
Futures do give us a slight advantage with the tape reading, but as you all know, it takes a heck of lot more to determine proper entry/exit points.
Now back to the "Main Event" - fire the lawyers, fund the escrow accounts, and have at it!!
Don

(Back to my eMini trading)....quite a day, eh? ... "don't tell anyone"
Just follow the rules.