My Pair Trading Journal

[bestbuddy1986]

Made 2nd Entry again to existing position:

Bought FEDERALBANK 1000 @ 444
Sold INDUSINDBK 1000 @ 393.98

I think this pair is going in LOSS

 

[GuluGulu]

I think this pair is going in LOSS

Any reason or just thinking?

 

[bestbuddy1986]

Any reason or just thinking?

As Federal Bank closed @ 440.70

IndusInd Bank closed @ 400.55

Don't take me wrong..im just watching ur trading...so asked you..is this going in loss or u do any more strategy to bring this in profit.. thanks

 

[GuluGulu]

Hi,

Well it may go for the loss for a little bit of time, but as 2 layers of entry has already been made..will just keep holding the position until they become profitable.

Than You.

 

[GuluGulu]

As Federal Bank closed @ 440.70

IndusInd Bank closed @ 400.55

Don't take me wrong..im just watching ur trading...so asked you..is this going in loss or u do any more strategy to bring this in profit.. thanks

You are right. Temporary loss has mounted. So holding. Fingers crossed.

 

[bestbuddy1986]

You are right. Temporary loss has mounted. So holding. Fingers crossed.

Yah Sir..both going in opposite direction...

 

[GuluGulu]

Yah Sir..both going in opposite direction...

Still holding the position and doing some intraday jobbing with different pairs. Today that earned me around 24K offsetting some M2M loss.

Intending to hold the pair until they become profitable.

And today also feeling the pain of Gold Bulls...as I am one but with less exposure....doing some Grid Trading here. Accumulating GOLDM at every 500 points dip.

Will sell each lot at every 500 points up each lot when bounce back will occur.

 

[GuluGulu]

Yesterday first position loss went up to -67600/-. As of now, it came back to -44450/-

Will continue holding.

 

[bestbuddy1986]

Today again it must be in huge loss as Indus Bank closed @ 420

 

[malgohft]

dear GG

this is nt pair trading at all coz u dont seem 2 put any sl of wtsoever type!
also, u hold till ur pair comes in profit is not trading.
ur only surviving coz u have huge capital to back it up!
otherwise, this way any retail will go bankrupt!

this is for retail guys http://www.traderji.com/position-trading/77971-my-pair-trading-journal-4.html#post770083

Yesterday first position loss went up to -67600/-. As of now, it came back to -44450/-

Will continue holding.