Pair Trading Strategy Journal
- Thread starter jonnysharp
- Start date
Closed 1 trade today;
Sold NWS @ 10.25
Covered IACI @ 16.58
Opened 2 new trades today;
Long AET @ 25.94
Short AGN @ 39.29
Long HUM @ 29.68
Short XRAY @ 30.59
Sold NWS @ 10.25
Covered IACI @ 16.58
Opened 2 new trades today;
Long AET @ 25.94
Short AGN @ 39.29
Long HUM @ 29.68
Short XRAY @ 30.59
OK, maybe I should have used "often said" or something else other than "famous". But I was just pointing it out to the guy that asked about P/L varying a lot.
Also, I would like to point out that I am a fan of this thread and am profitable for pairs trading this year. There was no intention to be negative or critical with the comment.
Quote from rjiecs:
then why would you trade a method that has "twice the risk and half of the return" ?
I was just repeating the quote - that doesn't mean I believe in it. After all I am primarily a futures trader and all the warnings like "there is risk of loss in futures trading" haven't deterred me yet after several decades and tens of thousands of trades.
I also put gas in my car despite all the warnings on the pump.
Opened 1 new trade today;
Long ACI @ 20.94
Short CNX @ 32.81
Long ACI @ 20.94
Short CNX @ 32.81
Closed 1 trade today for a profit;
Sold BIDU @ 234.85
Covered GOOG @ 366.72
Opened 2 new trades;
Long ABX @ 25.43
Short KGC @ 12.84
Long DVA @ 53.03
Short AZN @ 44.38
Sold BIDU @ 234.85
Covered GOOG @ 366.72
Opened 2 new trades;
Long ABX @ 25.43
Short KGC @ 12.84
Long DVA @ 53.03
Short AZN @ 44.38
I pick n choose what entry signals to take however I take all exit signals on my open trades strictly as dictated by the software.