Thanks lol....didn't have any spare batteries so I had to use one from the TV remote...guess my redundancy planning, or lack thereof, needs serious work.
Btw how's everyone doing in September? I dug myself a massive hole in the first half of the month shorting LLC. I recovered a bit in the last couple of days but still in the red, so my goal for the rest of the month is to break even.
Btw how's everyone doing in September? I dug myself a massive hole in the first half of the month shorting LLC. I recovered a bit in the last couple of days but still in the red, so my goal for the rest of the month is to break even.
I have a spare USb mouse plugged in at all times.
Yes LLC has been a shocker for me as well. It has outperformed by about 5-6% against every single peer. I also had CWN/EGP doing me in for the last week.
I am looking at a negative month unless I hit a couple of sixes next week.
I didnt take either of those trades, but I had my a** handed to me with FXJ/APN...and MQA/QUB wasn't great either. Have been negative all month until recently where I've had a good run and am back in the green. The market has certainly been volatile but it has been pretty mean too! I might finish at +1% for the month...
You know, while I was exiting APN I came to the same conclusion...it really struggles to trade for most of the session...my size still gets filled easily...but it can sit there for a long time unless I want to push it. I will probably not touch it again for a while.I got out of FXJ/APN some time ago. APN is a bit too thin for me on most days. And both FXJ's and APN's chart looks sacry... FXJ breaking up and APN breaking down.
Nice!I didn't touch MQA because it was going ex-div and had a few funny announcements (like their Indiana toll road SPC filing chapter 11), but I did short QUB against BXB and had a win there.
Well I've been learning in tranquil conditions so I am being pretty conservative as we enter the storm...I need to see first hand what kind of damage can really be doneThe market has been volative which should have meant better pairs trading conditions. But perhaps it's been too long since we have had a correction (probably Jan 2014) and I've forgotten how to trade the volatility. My size are much bigger now so staring some larger adverse excursions is something I need to train my mind to accept.
Keep Calm and Keep Trading!
Perhaps if you could show me how to backup the database I could then do a complete wipe: PTF and other relevant software?
When you specify the location of your database for PTF initially, two files get created: pairTradeFinder.ldf & pairTradeFinder.mdf. These files contain the your pairs information. If you take a backup of them, then next time when reinstalling PTF you can overwrite the new files created using the backed up files. That way you get all your pairs back. You may get a file-in-use error when you try to do that, then simply restart your PC so that neither PTF or Microsoft SQL are using them. I've done that a couple of times before when moving things to my new desktop.
>open SSMS
>connect (using windows authentication)
>expand Databases (top left)
>right click on pairtradefinder > tasks > Backup > browse to file location.
To restore same process...
>right click on pairtradefinder > tasks > Restore > database
>select "from device" radio button
>Browse to backup file you generated - see above.
>check the backup to restore
>go to "options" at the top left and check "overwrite the existing database"
I do a backup at the end of each day. If there is ever a problem I just restore yesterdays copy.
Good luck with the rest of the month
Keep Calm and Keep Trading!
>open SSMS...
I think it was TH that had a blog post about equity curve patterns and how he monitored them to get an idea of what was going on (sorry if it wasn't you TH - I can't exactly recall where I saw this), I thought it was very interesting.It does look like a tight triangle about to breakout anytime
Yes, there are technical patterns in equity curve.
Edman, how good is it to have you around?!
Edman, how good is it to have you around?!
Edman might not have many posts, but I reckon he has used a pretty decent percentage of them in helping me...I owe you a beer/coffee/one of SKC's donuts.
I think it was TH that had a blog post about equity curve patterns and how he monitored them to get an idea of what was going on (sorry if it wasn't you TH - I can't exactly recall where I saw this), I thought it was very interesting.
Question guys:
When you are entering a trade through the closing auction, what are your thoughts around order placement. Do you place an order deep into the money to ensure you get a fill on both legs - at the risk of getting a crappy price if it shifts in the last few seconds. Or do you prefer to set orders at the level which you will be happy to pay and risk missing the fill on one/both legs.
It's something I really need to improve with my trading as I have just missed one leg in a trade for the second time in 2 weeks and go into tomorrows trading NAKED. Thankfully it's a REIT trade so should the stock I missed not co-operate on the open I may have another few to choose from.
Question guys:
When you are entering a trade through the closing auction, what are your thoughts around order placement. Do you place an order deep into the money to ensure you get a fill on both legs - at the risk of getting a crappy price if it shifts in the last few seconds. Or do you prefer to set orders at the level which you will be happy to pay and risk missing the fill on one/both legs.
It's something I really need to improve with my trading as I have just missed one leg in a trade for the second time in 2 weeks and go into tomorrows trading NAKED. Thankfully it's a REIT trade so should the stock I missed not co-operate on the open I may have another few to choose from.
Bloody BAML upgrading GMG...grrrrr not helping my MGR/GMG trade.
GMG has the lowest yield of all the REITS, I know it's got global exposure and decent growth compared to some of the other REITS, but I really didn't think it would push back up this hard in the current environemnt...
The premise of the upgrade was bs imo. It's yielding 3.9% vs say 6% with SGP. GMG's only growing at 6-7% per year so it'd take 7 years of growth at that pace to arrive at the same distribution as other listed alternatives. And a bloody lot can happen in 7 years!
What a day!
Closed 3 trades and opened 3 today. Pretty busy considering my usual strike rate.
GMG is still causing me a pain! Looked like short covering this morning (it seems I should have joined them), but it showed strength not to fade like some others did late.
Building Materials had some good opp's today..GWA spiked up hard on an upgrade based on yesterdays restructure announcement...this led to some disjointed rises with ABC following and CSR + FBU a little later to the party. BLD and JHX didn't move much so it seems the US exposure wasn't in favour today...
I hope this kind of condition remains for some time. It was truely getting too calm and margin getting too thin in the last 8 months.
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