Please remember. I always spread..... Except when i am not 8-) My point is , in the SPY vs DIA for example i spread all the time and i add until it is profitable. I add once or twice per day, no more.
I trade mostly
SPY vs DIA vs QQQ
WHEAT vs CORN
others when opportunities arise.
That s it. The simpler the better.
Have a good week.
Patience is the key IMHO.
All in light size.
I will trade more spread in ETF PAIRS.
Employing an ETF pairs strategy may be useful when there is a disconnect between assets that are usually highly correlated.
Sector, country, and index ETFs also provide opportunities for the pairs trader, usually involving going long on a strong ETF and short on a weaker one.
It’s important to exit the trades when the assets realign or the trends of strong and weak assets reverse. It would also be wise to set a loss limit on each trade, and realize that markets are dynamic; relationships that existed yesterday may not necessarily exist tomorrow.
MRCI encourages all traders to employ appropriate money-management techniques at all times. mrci.com
This is a site above i use for season trading.
Patience is the key. It is important to trade well, not just trade !
Bear in mind i can not trade futures on this platform as i use the minimum service. I recommend the book from MRCI.
I trade mostly
SPY vs DIA vs QQQ
WHEAT vs CORN
others when opportunities arise.
That s it. The simpler the better.
Have a good week.
Patience is the key IMHO.
All in light size.
I will trade more spread in ETF PAIRS.
Employing an ETF pairs strategy may be useful when there is a disconnect between assets that are usually highly correlated.
Sector, country, and index ETFs also provide opportunities for the pairs trader, usually involving going long on a strong ETF and short on a weaker one.
It’s important to exit the trades when the assets realign or the trends of strong and weak assets reverse. It would also be wise to set a loss limit on each trade, and realize that markets are dynamic; relationships that existed yesterday may not necessarily exist tomorrow.
MRCI encourages all traders to employ appropriate money-management techniques at all times. mrci.com
This is a site above i use for season trading.
Patience is the key. It is important to trade well, not just trade !
Bear in mind i can not trade futures on this platform as i use the minimum service. I recommend the book from MRCI.