Hubble, Bubble, Toil and Trouble

This is a discussion on Hubble, Bubble, Toil and Trouble within the Indices forums, part of the Markets category; Originally Posted by barjon Dow has gone beserk this month compared to S&P and NASDAQ. Trying a pair trade. Short ...

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Old Oct 25, 2017, 8:51pm   #9
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Quote:
Originally Posted by barjon View Post
Dow has gone beserk this month compared to S&P and NASDAQ. Trying a pair trade.

Short DOW @ 23455
Long x 4 NASDAQ @ 6071
nice idea dude
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Old Oct 25, 2017, 9:09pm   #10
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Quote:
Originally Posted by barjon View Post
Dow has gone beserk this month compared to S&P and NASDAQ. Trying a pair trade.

Short DOW @ 23455
Long x 4 NASDAQ @ 6071
Dow has gone beserk this month compared to S&P and NASDAQ, despite Brexit.

Fixed that for ya.
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Old Oct 26, 2017, 11:31am   #11
 
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barjon started this thread Just to show the potential in this sort of trade.

A few minutes ago Nasdaq 6067 = -4@£4 = -£16
"..................... Dow 23357 = -98@£1 = +£98
...................... net = £82
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Old Oct 26, 2017, 11:39am   #12
 
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did you just take a trade without a stop jon!?
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Old Oct 26, 2017, 11:42am   #13
 
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did you just take a trade without a stop jon!?
No stop ? Back in the 1950s when I went to school that would have been a BM. Which is a beatable mistake. 6 thwacks with the cane on the backside. It really stung !!
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Old Oct 26, 2017, 12:03pm   #14
 
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No stop ? Back in the 1950s when I went to school that would have been a BM. Which is a beatable mistake. 6 thwacks with the cane on the backside. It really stung !!
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did you just take a trade without a stop jon!?
Sure did . You can’t have a stop because you are basically trading the difference between the 2 prices.
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Old Oct 27, 2017, 7:11pm   #15
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is this trade kickin ass today @barjon ?

Last edited by Kaeso; Oct 27, 2017 at 8:44pm.
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Old Oct 27, 2017, 8:45pm   #16
 
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Originally Posted by Kaeso View Post
this trade kickin ass today @barjon ?
Sure is:

Nasdaq long @ 6215 = +144 @ £4 = + £576
Dow short @ 43430 = - 25 @ £1 = + £25
Net + £601

Unusually, both long and short in profit.
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