shillllihs
6,086 posts
msg #136246
- Ignore shillllihs |
6/7/2017 11:30:33 PM
I got 1200 bucks on GS down 1.
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shillllihs
6,086 posts
msg #136247
- Ignore shillllihs |
6/7/2017 11:56:47 PM
I'm just too good.
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shillllihs
6,086 posts
msg #136261
- Ignore shillllihs |
6/8/2017 2:00:21 PM
My goal is to accumulate all the silver I can on dips. Sure winner though time frame may take months to over a year.
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shillllihs
6,086 posts
msg #136298
- Ignore shillllihs
modified |
6/10/2017 10:21:49 PM
An observation on the pair trading strategy in the other thread, if you just SHORT the higher priced of the pairs, you would be up about 5k. So shorting Dslv & Jdst would be best since it has the biggest differential
if there is any validity to this. Exactly what I've been doing.
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Kevin_in_GA
4,599 posts
msg #136300
- Ignore Kevin_in_GA |
6/11/2017 7:52:19 AM
Possibly, but that makes you unidirectional in that specific asset class and potentially vulnerable - example would be LABU and LABD. At the start of the year you would be in LABU as it had the higher price, and it has just kept rising (you would be down 57%). As a pair trade you would be only be down 2.1% YTD, although some rebalancing should have been done for differences this large.
The approach in my thread (not mine, just testing it) uses the structural inefficiencies of these ETFs to generate profit, but pairs them to avoid large runs against you. However, there are lots of ways to make money and this is more of a slow and steady strategy than catching and riding one wave.
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shillllihs
6,086 posts
msg #136302
- Ignore shillllihs
modified |
6/11/2017 3:50:06 PM
Still think it's interesting to look into. Labu Labd did not have a huge differential.
The best example of a huge differential would be SKF/UYG in 08. You can see how much SKF dropped & how high UYG has gone. I'm aware of splits and all but in general across the board there seems to be a bias. If you want to do this safely one can try it with a basket of ETFs . I am already shorting Dslv & will add Jdst.
But then again, doing it my way or with pair trades, you will get shelled if what happened to finance(skf) in 08 happens again, I believe a 300% move up, so pair trades is not safe. But on the other hand, UYG has had a 18 times return.
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shillllihs
6,086 posts
msg #136317
- Ignore shillllihs |
6/12/2017 11:48:21 AM
DGLD 47.88
DSLV 25.50
Switched from the boring Slv to these, who was I kidding by thinking I could move that slow.
Now gotta pack for Paris.
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shillllihs
6,086 posts
msg #136371
- Ignore shillllihs
modified |
6/14/2017 1:54:21 PM
What a joy here in Paris, already saw the Arc, Tower, Louvre & Notre Dame.
But best of all DSLV DGLD down BIG.
Had a beautiful meal with escargot & nice wine, & ready to try Greek town in Paris
then more gutt wrenching love making with the Filipina wife. I mean that in a good way. ❤️️👄
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shillllihs
6,086 posts
msg #136386
- Ignore shillllihs |
6/15/2017 1:23:44 PM
Lovely day today at Montmartre, though really tired from climbing stairs.
LONG UWT looking good.
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shillllihs
6,086 posts
msg #136388
- Ignore shillllihs |
6/15/2017 2:31:47 PM
SHORT TVIX 23.09
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