GOOG day trade got stopped out. I picked a wrong day to be long this one.
Entered Long IWM / short SPY at the ratio of 0.5927. I will hold this one.
Stop is placed at the ratio of 0.5750
Denleo
Intraday Update 3
Started by
denleo
, May 06 2014 12:30 PM
1 reply to this topic
#1
Posted 06 May 2014 - 12:30 PM
#2
Posted 06 May 2014 - 10:56 PM
Deno
you dont get long the weaker index with a higher beta...you get short that one (IWM) and get long the stronger index with lower beta.
being able to know which index is stronger and weaker is the first step.
all you need to do is go back and put the horse before the cart.
Edited by Mr Dev, 06 May 2014 - 10:57 PM.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!