Pairs Trading UK & US Stocks Journal

This is a discussion on Pairs Trading UK & US Stocks Journal within the Trading Journals forums, part of the Reception category; Originally Posted by stocktrader77 Yes it will trigger an exit signal when the pair comes back to its mean, it ...

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Old Mar 8, 2009, 5:41pm   #81
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Originally Posted by stocktrader77 View Post
Yes it will trigger an exit signal when the pair comes back to its mean, it doesn't use a stop loss, because a rolling mean is used instead of a static mean it will simply exit once the pair comes back, profit or loss.

About 70% of my trades are profitable, not sure what the ratio would be if I didn't apply filters, it may be the same but the trades I take would have a lower risk profile.
Thanks. I had hoped for a higher success ratio, but perhaps that's unrealistic !
Do you always wait for PTF to signal an exit or do you apply your own criteria for terminating a losing trade ?
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Old Mar 9, 2009, 7:09am   #82
 
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Thanks. I had hoped for a higher success ratio, but perhaps that's unrealistic !
Do you always wait for PTF to signal an exit or do you apply your own criteria for terminating a losing trade ?
Yes I always wait for a exit signal from PTF
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Old Mar 9, 2009, 12:14pm   #83
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Thanks Stocktrader
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Old Mar 10, 2009, 12:29am   #84
 
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stocktrader77 started this thread Exit trade for profit

Sold SPG - 28.70

Covered TCO - 13.87

Opened new trade in Oil & Gas Drilling

Long Entry AREX - 4.72

Short Entry NE - 22.56
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Old Mar 12, 2009, 6:37am   #85
 
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stocktrader77 started this thread Exited these trades for a profit

Sold MWV - 9.07

Covered GEF - 27.89
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Sold ACE - 33.72

Covered CB - 35.66
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No new trades.
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Old Mar 13, 2009, 4:07am   #86
 
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stocktrader77 started this thread Sold WLL - 23.93

Covered HP - 23.44
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Old Mar 16, 2009, 5:55am   #87
 
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stocktrader77 started this thread Sold ANV - 4.22

Covered GRS - 7.14
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Old Mar 18, 2009, 7:18am   #88
 
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stocktrader77 started this thread Sold SFY - 6.46

Covered ROSE - 4.31

This recent rally induced initially from the citibank memo citing profits has been on weak volume across the board on all equity markets, so I think its more short covering as oppose to fresh buying, from a technicians point of view this a mere bear market rally and further testing of new lows is likely, however this rally may be good for a 20% rise and last several weeks, look out for a vicious reversal on strong volume.
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Old Mar 19, 2009, 7:36am   #89
 
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stocktrader77 started this thread Exited 2 trades

Sold EQR - 21.39

Covered ESS - 66.54

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Sold AREX - 5.83

Covered NE - 25.11

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Entered new trade in US Medical Equipment & Appliances industry

Long VAR - 30.73

Short SMTS - 15.31

Very nice ratio chart on this pair. Spreads have tightened once again as market became quite dislocated over the last several weeks.
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Old Mar 25, 2009, 7:15am   #90
 
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stocktrader77 started this thread Market has stabilized and spreads have converged, whenever there is a selling climax in the averages, it proves to be a good time to place spreads, something il take more advantage of next time it comes around.

Entered trade in US Shipping Industry,

Long TGP - 17.50

Short TOO - 13.17
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