lol, and another one.
Out NU:UGI @ 0.86 from 0.8533.
±Flat after fees.
Out NU:UGI @ 0.86 from 0.8533.
±Flat after fees.
Pair Trading Strategy Journal
- Thread starter jonnysharp
- Start date
Exited trade
Sold PBNY @ 8.00
Covered NWSB @ 17.78
Sold PBNY @ 8.00
Covered NWSB @ 17.78
Hello
I am using pairtradefinder for three weeks now and I am successful so far. (from 28 trades I closed 17 for a profit and 1 for a small loose). I am basically following the same what Jonny is doing, but I am taking more trades every day.
I have one question to Jonny or anyone using PTF:
How do you interpret the PercentFromMean chart? I canât understand how this is calculated? Is this the difference between the green and blue line on the ration chart? I got to know that the PercentFromMean is the % difference between the current ratio and the average ratio. Still I donât know the formula for this calculation? I would appreciate if someone could give a simple example of the calculation?
Thank you!!
I am using pairtradefinder for three weeks now and I am successful so far. (from 28 trades I closed 17 for a profit and 1 for a small loose). I am basically following the same what Jonny is doing, but I am taking more trades every day.
I have one question to Jonny or anyone using PTF:
How do you interpret the PercentFromMean chart? I canât understand how this is calculated? Is this the difference between the green and blue line on the ration chart? I got to know that the PercentFromMean is the % difference between the current ratio and the average ratio. Still I donât know the formula for this calculation? I would appreciate if someone could give a simple example of the calculation?
Thank you!!
Imagine:
ratio=1.1
Average ratio for last 14 days= 1
Percent from the mean is 10% .
PercentFromTheMean it's a indication of your possible profit. But do not forget ratio and average ratio, is changing every day.
If you trade pairs where the percentfromthemean is to low (<3%), you will be working just for the comissions
ratio=1.1
Average ratio for last 14 days= 1
Percent from the mean is 10% .
PercentFromTheMean it's a indication of your possible profit. But do not forget ratio and average ratio, is changing every day.
If you trade pairs where the percentfromthemean is to low (<3%), you will be working just for the comissions
I dont have much in term of stats;
18 trades in about 2 months (been away a little while); 12 winners, 6 losers. Average winnner 1.03%, average loser -2.10%. This point out to my issue; I dont ride my winners.
A little profit so far but the comish is eating a lot because I play so small. One big loss at the begiing was bad in the P/L also.
I'm still in the experimental stage.
As for the earnings, I can't say much. I play the technicals so even if there are earnings I might play but with tight stops and a short term horizon. I dont really recommend it, lol. I experiment and I may stop doing it. I'm a big fan of real experience, that sink into you and you remember it.
SCHW/AMTD in play. Double Signal.
3 new trades;
Short FDX:HUBG @ 2.7895
Short TRV:RNR @ 0.9168
Short NUVA
SYS for a scalp (overbought intraday). I look at it righ now and if I could get out flat I would, lol.
Short FDX:HUBG @ 2.7895
Short TRV:RNR @ 0.9168
Short NUVA
SYS for a scalp (overbought intraday). I look at it righ now and if I could get out flat I would, lol.New trade
Long CLR @ 26.32
Short ESV @ 34.86
Long CLR @ 26.32
Short ESV @ 34.86
jonny, now that I've bought PTF I would have thought I'd be running the latest version of it and on the face of it my number, v2.5..., is bigger than yours, v2.2g but at the top you have a 'Trigger' icon which I dont have.
Can you let me know what this part of the app is ? I am aware that you run Beta tests, so it would be nice to know if this is part of an element we can all expect in the near future.
Can you let me know what this part of the app is ? I am aware that you run Beta tests, so it would be nice to know if this is part of an element we can all expect in the near future.