BNS and YELP Pair trade ( long the pair )

Hello , good trade imo to hedge the account , especially with election uncertainties .

Long BNS and short YELP , exit on median band .

Good luck~

Comment:

Only originally entered with half a position so I could double my position if there was a drop like the one on Friday . One nice thing about pairs is that when we see an adverse movement like Fridays, we actually have an even better opportunity . Cost averaging in this case also kept me above the stop loss too . There's a good possibility on Monday the pair will begin to re converge , however if it goes against me I will exit the trade and accept my loss .