WFM/WMT: Pair trade setup
Updated
We can take a pair trade here. Let's enter long WFM/WMT.
Basically, we'd consider risk per share, to determine the amount of shares to long and short on each leg of the pair, but not use any stop loss. Profit will result from WFM outperforming WMT in the coming months.
Good luck!
Ivan Labrie.
Basically, we'd consider risk per share, to determine the amount of shares to long and short on each leg of the pair, but not use any stop loss. Profit will result from WFM outperforming WMT in the coming months.
Good luck!
Ivan Labrie.
Comment
Going exactly as planned, great!Comment
Great progress here.Comment
WFM is also down but at support now.Trade closed manually
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