Registered: Sep 2011
09-25-11 06:04 AM
Quote from Ghost of Cutten:
Given that the economic situation will probably get worse before it gets better, I'd wait a while before putting on this spread. I'd like to see what the ratio is once Greece defaults and markets (potentially) crash in October.
Thx GoC, I was actually also reading ur threads the other day. I carried out this pair trade several times before the -70 spread happened last Friday, and my entry point was -24. I trade thru future, long 1 dec gold, and short 2 Jan pt. What I think I will do is to put more cash in account to cope with the potential -300 spread. I will probably exit the trade if the spread gets narrow next week.
What stop loss level would you say?