Pair Trading Strategy Journal

Discussion in 'Journals' started by jonnysharp, Aug 18, 2008.

  1. where did johnny sharp go? how is he doing?
     
    #1661     Oct 31, 2009
  2. does anyone know how to chart pairs on free charting sites such as stockcharts?

    Please give example.
     
    #1662     Oct 31, 2009
  3. #1663     Nov 2, 2009
  4. jeffbeil

    jeffbeil

    put on a pair at the close yesterday
    $ neutral
    short STLD
    Long CMC
     
    #1664     Nov 3, 2009

  5. doesn't pair trading make one a prime customer for their firms?, what with all the capital used and interest on stock loan?, as well as commissions generated?

    these pairs, exist, sometimes only in the minds of the traders and do not really have any fundamental or realistic pairing, hence support from others outside, hence higher risk to the trader believing that there is a pair that exists between the two selected stocks?

    just a serious question to pair or hedge traders
     
    #1665     Nov 3, 2009
  6. magon

    magon

    #1666     Nov 3, 2009
  7. why wouldn't a pair have a fundamental reasoning for entry? You have P/B, P/E, ROE, P/S, tons of reasons why you would want to be long one stock and short the other, some have a better fundamental bias than others. You are trading a relationship between two companies. I think if you are pairstrading without fundamentals you are doing yourself a disservice. If you are just daytrading pairs, then I guess you can gamble however you wish, in my experience, if trading pairs with fundamentals in mind, you will have to be much more patient, weeks, maybe months, but the opportunities for quick gains intraday working your position is also important.
     
    #1667     Nov 4, 2009
  8. NKNY

    NKNY

    HI, where can I find this software, google'd it but couldnt seem to find it...?

    Thanks

    Nick

     
    #1668     Nov 4, 2009
  9. jeffbeil

    jeffbeil

  10. NKNY

    NKNY

    Thanks Jeffbeil, I actually own pairtradefinder..lol It was late, I should have been more clear... I was inquiring about " pair trade gold edition that Magon is using...


    Nick
     
    #1670     Nov 4, 2009