New trade;
Long SNY/AZN @ 0.67
Long SNY/AZN @ 0.67
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Pair Trading Strategy Journal
- Thread starter jonnysharp
- Start date
Just a quick update and question.
I'm using PTF to trade UK stocks and have been doing so now for a couple of months. Because of my limited resources most of the trading is via spreadbetting combined with a few CFDs. I've gradually become more refined in my trades and they are now 74.5% profitable. However, there are fewer trades but I'm still up around £3000. So things are still going well, better as time goes on in fact.
Now, I'd like to be able to quantify my 'edge' but I'm not certain how to calculate this for spreadbetting. Does anyone out there have a method for doing this or have a link to a relevant webpage ? Any help would be appreciated.
I'm using PTF to trade UK stocks and have been doing so now for a couple of months. Because of my limited resources most of the trading is via spreadbetting combined with a few CFDs. I've gradually become more refined in my trades and they are now 74.5% profitable. However, there are fewer trades but I'm still up around £3000. So things are still going well, better as time goes on in fact.
Now, I'd like to be able to quantify my 'edge' but I'm not certain how to calculate this for spreadbetting. Does anyone out there have a method for doing this or have a link to a relevant webpage ? Any help would be appreciated.
OUT SNY:AZN @ 0.65 from 0.67.
Stop was hit @ 0.64 and I got out on the pullback.
This is probably the wrong way to do it. lol
Stop was hit @ 0.64 and I got out on the pullback.
This is probably the wrong way to do it. lol
hi guys, i am make look at the following couple now:
MBT (Russian cell operator, adr)
VIP (Russian cell operator, adr)
i am not have the access to pair software. the stocks are highly correlated, but the spread seems to be all over the place
if anyone make look at it, can you say who is above whom and if tradable now?
thanks
MBT (Russian cell operator, adr)
VIP (Russian cell operator, adr)
i am not have the access to pair software. the stocks are highly correlated, but the spread seems to be all over the place
if anyone make look at it, can you say who is above whom and if tradable now?
thanks
Quote from total_keops:
OUT SNY:AZN @ 0.65 from 0.67.
Stop was hit @ 0.64 and I got out on the pullback.
This is probably the wrong way to do it. lol
Damn! That's some tight stop you've got working there. I looked at the pair, and it's very nice imo.
Are your stops working out for you?
Adrian
Quote from Ms Varima-Garch:
hi guys, i am make look at the following couple now:
MBT (Russian cell operator, adr)
VIP (Russian cell operator, adr)
i am not have the access to pair software. the stocks are highly correlated, but the spread seems to be all over the place
if anyone make look at it, can you say who is above whom and if tradable now?
thanks
the spread with a ratio of .35MBT - VIP has been from -.25 to 4.75 in the past 6 months. it is now at 1.25, down from yesterday's close of 2 so in the lower range with MBT long. i didn't check the news on them.
Quote from colonelangus:
the spread with a ratio of .35MBT - VIP has been from -.25 to 4.75 in the past 6 months. it is now at 1.25, down from yesterday's close of 2 so in the lower range with MBT long. i didn't check the news on them.
yes, the spread has had a massive move. and for good reason. VIP newsflow has been insane, involving the confiscation of a large stake from Telenor (norwegian telco company). some stocks i just wouldn't touch, and this is one of them at the moment.
Quote from colonelangus:
the spread with a ratio of .35MBT - VIP has been from -.25 to 4.75 in the past 6 months. it is now at 1.25, down from yesterday's close of 2 so in the lower range with MBT long. i didn't check the news on them.
ok many thanks for the info!!!
yes, i think vimpelcom has been in litigation for a very long time, but i think it was over non-russian assets. it's main revenue stream is from russian cell users. so hard to say if it's only due to this court stuff
i mean both companies are generally good companies, each with a large customer base
i guess you're right guys, better to stay away now, but something to watch, maybe .. . pretty close competitors in that part of the world. but both stocks very unstable now
Quote from Dr Who:
Just a quick update and question.
I'm using PTF to trade UK stocks and have been doing so now for a couple of months. Because of my limited resources most of the trading is via spreadbetting combined with a few CFDs. I've gradually become more refined in my trades and they are now 74.5% profitable. However, there are fewer trades but I'm still up around £3000. So things are still going well, better as time goes on in fact.
Now, I'd like to be able to quantify my 'edge' but I'm not certain how to calculate this for spreadbetting. Does anyone out there have a method for doing this or have a link to a relevant webpage ? Any help would be appreciated.