At the beginning of this week, 4 nov 2019 my balance is 416.941$
At the end of the week my balance is ....
An increase of ......
Wheat and corn are not going my way at the moment and i reduced the size.
SPY vs DIA
WHEAT vs CORN
WTi vs BRENT
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 PAIRS.
Employing an 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 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. https://www.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 on this platform as i use the minimum service. I recommend the book from MRCI.