Too risky. Have you backtested? Long+short, over time, is a losers bet with most ETFs.
On Feb 26 09:08 AM AndrewBaker wrote:
> Right now volatility is so high and market movements so unpredicable, > that long short pairs trading is one of the few ways to make money. > Taking a one-way position in financial, for example, is a big gamble > right now. I'm taking positions long and short, and selling the first > one to show a reasonable profit, then waiting for the other to come > back and go into profit. Using 2x and 3x leverage ups the anti and > is hairy, but I need the adrenaline!
Thursday Outlook: Commodities, Emerging Markets [View article]
On Feb 26 09:08 AM AndrewBaker wrote:
> Right now volatility is so high and market movements so unpredicable,
> that long short pairs trading is one of the few ways to make money.
> Taking a one-way position in financial, for example, is a big gamble
> right now. I'm taking positions long and short, and selling the first
> one to show a reasonable profit, then waiting for the other to come
> back and go into profit. Using 2x and 3x leverage ups the anti and
> is hairy, but I need the adrenaline!