Neutral Market Corner

A miscalculated hedge is worse than any coverage. Don't blindly trust Excel.

I don't know if they already said this, but you can't talk about neutrality without mentioning the cost of financing both legs.

The most difficult thing: accepting that your spread no longer works and closing it. Emotional attachment is lethal.

If you use spreads, document ALL: input, output, ratio, motive. It is very easy to forget why you opened the operation.

I operate spreads manually without indicators. Only price action and visual divergence. Few understand it, but it works for me.

Please don't call "neutral market" two trades that you randomly opened and pray to be compensated.

Operating spreads is like dancing with two couples at a time. You have to follow the rhythm of both without tripping.

I wish there was a decent screener for real-time co-integrated spreads. Everything there is is slow or expensive.

Quick question: has anyone tried spreads with shares of competing companies?Netflix vs Disney, for example?

I did it with Visa vs. Mastercard and it worked for a while... until one won a huge contract and broke everything.