Has anyone thought of comparing historical volatility to filter trades? Makes sense to avoid pairs where one leg is 3-4x more volatile than the other, I guess one could argue it removes market neutrality which is what we are trying to acheive.. Could even get a little cheeky and compare implied volatilities for ATM options and get an indication of future volatility for each stock.
Looking at the trade alerts track record I see about a 15% drawdown on closed trades. I assume intraday drawdown is a bit higher. Assuming one takes all the advised trades, I think expectations of a minimum of 30% intraday drawdown is reasonable. The service certainly issues a good amount of trades and if a subscriber doesn't take all trades, I would imagine a 40% drawdown could easily happen.
If one leg is a lot more volatile than the other, I would be surprised to see the pair correlated at all!?
I installed PTF on a laptop and it seems that we can't use with many computers. Can I change my computer and installing PTF on another computer instzead of the first one? Thanks