Yeah, it's just normal intra-day /intra-week (however long it takes) variance, and a damm site safer strategy than most employ.
Why is it safer, exactly? Why is it not just another Howard Cohodas/Spanish89 waiting to happen?
The reason I ask is that arb opportunities tend to exist for very short periods.
Look @ the title of the thread "Barjons Money Machine". Whilst tongue-in-cheek, that is exactly what this looks like.
As did Howards option strategy to many. I got shouted at for being one of the first to point that out....
Jon - do you have any numbers on this in terms of what you are potentially risking on a trade, what your hit rate is, when you dump a trade and what a winner would yield?