Follow up from y.day's Layer 1 trade in AMTD/MS Layer 2(2 x 2.5 SDs) Sold AMTD @ 19.19 Bought MS @ 29.08
Exited 2 trades today: Sold ACC @ 27.32 (+.77%) Covered NHP @ 36.37 (-4.42%) Sold NX @ 16.54 (+3.12%) Covered WY @ 44.81 (-.72%) 21 Trades posted to forum: 15 wins 6 losses
Closed 4 pairs for profit: (all profits based on 10 000 investment, paper trading, no commision) AFG-ALL for profit 299 USD BR-LPS for profit 281 USD BMY-WX for profit 558 USD CS-NBG for profit 713 USD Total statistics: 12 pairs opened 8 closed for profit 0 closed for loss 4 remain opened (2 due that I missed valid entry signal) M.
Opened 4 new pairs today: Sold BHP @ 78.96 Bought BTU @ 44.48 Bought EXC @ 43.35 Sold VVC @ 24.14 Sold HD @ 32.91 Bought LOW @ 24.54 Sold GPN @ 45.53 Bought LPS @ 39.01 M.
Question to all pairs traders, How do you take into accoutn dividend days? Do you primarily just stay out of these stocks a few days prior to and a few days after the dividend days? Thanks! Is this information on Yahoo Finance?
Long stock - I disregard ex-div dates. If I am short the stock and it goes ex div wthin my max trade length(15 days) I look at what the payout/share is. If it is significant I will probably pass on the trade. Best source of ex div dates is earnings.com
Interesting. Taken from epchan.blogspot.com 'Selecting tradeable pairs: which measure to use?' http://www.paulfarrington.com/research/Selecting tradeable pairs.htm
I've been dabbling with the pair trader software for a few days. Today is my first day live and I have no idea when I have a trade signal I'm hearing the audio tones go of but when I look at the console it just has the stocks it's watching and the stocks that are currently in the trade, I have no idea which is the most recent alert. Any help would be appreciated... Thanks!