there is no difference between stat arb and pairs trading---same thing different names. it may still work in some third tier asian economies (shhh) but its pretty wornout in the major markets. surf
i tried driving my car with my eyes closed and couldnt find the road,lesson learned, much easier to drive with eyes open, Trading without charts is like driving blind,it doesnt need a scientific explanation
Over short periods of time, fundamentals are essentially constant and can be ignored. So if you trade on timeframes of less than a month the company is highly unlikely to change in profound ways during that time.
And trading using old tired TA and fundimentals only is like driving on the Autobahn with horse blinders on.
when the spu's start selling off from 1000 and your short,you need a target for a bounce , a reversal, or a test,unless your clairvoyant,you wont know what those are without a chart,t and when you chart 2 or 3 corresponding instuments that move together and you know their supp and res you have an advantage,if you know of a way to find that info without charts,please teach me
Gee thanks, fearless9, I did think it over. But, please explain the same so that we can understand it better. Thanks,