At the beginning of this week, 4 Nov 2019 my balance is 416.941$
On 8 Nov 2019 my balance is 425.925$
An increase of +/- 9.000$
I was losing money on SPY vs DIA .
I also traded GOLD on its own and covered the losses in SPY vs DIA .
I made most of the money in outright position , either long or short. Spread this week was thought.
Have a great week end.
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.