@VIJAY, I am not a regular here, but whenever I get time I usually come to this thread mainly to gain wisdom from @Smart_trade sir's posts and sometimes I share my thoughts and new learnings here. Hence I will not be able to dedicatedly run a thread. However if anyone has queries they can post the queries by tagging my id and I will try to reply to them.
Coming to Pair trading, it is not new, just that it is not yet popular in India, hence I feel there is lot of potential and one can explore it further. If you are new to Pair trading you can start first with a very nice tutorial by Karthik Rangappa on Zerodha varsity.
URL: https://zerodha.com/varsity/module/trading-systems/.
You can understand both the Pair trading methods mentioned there however the 2nd method is more robust and should be sufficient for simple trading.
If you want to explore futher complex concepts you can later refer to these books:
Pairs Trading: Quantitative Methods and Analysis by Ganapathy Vidyamurthy
Algorithmic Trading: Winning Strategies and their rationale by Ernest P. Chan
Coming to Pair trading, it is not new, just that it is not yet popular in India, hence I feel there is lot of potential and one can explore it further. If you are new to Pair trading you can start first with a very nice tutorial by Karthik Rangappa on Zerodha varsity.
URL: https://zerodha.com/varsity/module/trading-systems/.
You can understand both the Pair trading methods mentioned there however the 2nd method is more robust and should be sufficient for simple trading.
If you want to explore futher complex concepts you can later refer to these books:
Pairs Trading: Quantitative Methods and Analysis by Ganapathy Vidyamurthy
Algorithmic Trading: Winning Strategies and their rationale by Ernest P. Chan