Pair Pick – Schnitzer Steel Industries, Inc (SCHN) and Nucor Corporation (NUE)

by Administrator on November 18, 2009

$SCHN (Schnitzer Steel Industries, Inc) and $NUE (Nucor Corporation) created a profitable trade on both sides of the pair in Tradestation using the bampairtrading strategy. The net profit potential was $590 trading shorting NUE at $42.46 while buying SCHN at $46.42. Entered position at 10:30am EST and exited at 11:25am EST.

Pair Pick – Schnitzer Steel Industries, Inc (<a href=

SCHN) and Nucor Corporation (NUE) on Nov. 18th 2009" width="300" height="187" />

Tagged as: Pair Pick, Pair Trading Strategy, Tradestation

Leave a Comment

Previous post: Pair Pick – Occidental Petroleum Corporation (OXY) and Ultra Petroleum Corp. (UPL)

Next post: Pair Pick – Johnson and Johnson (JNJ) and Eli Lilly & Co. (LLY)

Archives
- March 2010 (11)
- February 2010 (22)
- January 2010 (24)
- December 2009 (30)
- November 2009 (29)
- October 2009 (32)
- September 2009 (22)
- August 2009 (6)
bampairtrading.com Pair Picks
- http://chart.ly/cgmbg9 $GENZ, $LLY - PairPick bampairtrading NetProfitPotential$280 BuyGENZ $56.90 ShortLLY$35.78 Enter10:10am Exit10:45 17 hrs ago
- http://chart.ly/gr56nt $NUE, $SCHN - PairPick bampairtrading NetProfitPotential$340 ShortSCHN$49.47 BuyingNUE$44.85 Enter11:00 Exit12:25 1 day ago
- http://chart.ly/dpygas $NE, $BHI - PairPick bampairtrading Net profit potential $310 Short NE$44.29 Buy BHI$50.14 Enter10:55amExit11:30 2 days ago
- More updates...
Powered by Twitter Tools

backtesting software

Disclaimer: You are purchasing a single user license which may not be transferred or resold. The product and/or information shall not be copied, distributed, disclosed, disseminated or communicated in any way or form to a third party. Trading stocks, mutual funds, futures and options involves high risk including possible loss of principal and other losses. Neither the software nor any demonstration of its operation should be construed as a recommendation or an offer to buy or sell securities or security derivative products of any kind. Bampairtrading.com does not recommend any specific security for purchase or sale, nor any specific approach to investing in securities. Bampairtrading.com is not an investment advisory service, nor a registered investment advisor or broker/dealer. No representation is being made that this software will guarantee profits in trading. Past performance, whether actual or indicated by historical systems testing, is no guarantee of future performance or success. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. Tradestation Disclaimer: “Neither Tradestation Technologies nor any of its affiliates has reviewed, certified, endorsed, approved, disapproved or recommended, and neither does or will review, certify, endorse, approve, disapprove or recommend, any trading software tool that is designed to be compatible with the Tradestation Open Platform.”

Get smart with the Thesis WordPress Theme from DIYthemes.

WordPress Admin

Pair Pick – Schnitzer Steel Industries, Inc (SCHN) and Nucor Corporation (NUE)

Archives

bampairtrading.com Pair Picks