Trading Pairs + CD

Description

An accessible guide to the pairs trading technique A leading arbitrage expert gives traders real tools for using pairs trading, including customizable Excel worksheets on CD. Mark Whistler (Denver, CO) is the key developer of pairstrader.com as well as a licensed securities trader and broker and leading arbitrage expert.

Description

"Traditionally, when you either buy or sell a stock, you hope that it moves in the one direction that results in a profit. However, at times, this strategy leaves you with a "naked" position that is simply at the mercy of the markets. Thus, pairs trading offers a unique alternative and allows you, the individual investor, a way to "hedge" positions. The goal is to protect your portfolio from dramatic market upswings or downturns, while finding stock relationship inequalities - all in an effort to make money." "Trading Pairs : Capturing Profits and Hedging Risk with Statistical Arbitrage Strategies illustrates this profitable technique, and allows you to gain a new perspective on the markets as well as a new approach to investing. In addition, if you have access to the Internet and Microsoft Excel, the companion CD-ROM can help you put everything in this book to practice, as well as track your pairs."--BOOK JACKET.

First Sentence

Where there is a relationship, there is opportunity, and where there is opportunity, there is money.

Subjects

Other Editions

• Trading PairsElectronic resourceJohn Wiley & Sons, Ltd.2004-01-01
• Trading Pairs + CDWiley2004-07-29