Well, I think that this idea is just plain too complicated to pull off easily without having a fairly heavy duty trading platform. I still think that it has merit and I will adjust my fake trading account to drop the losers and let the winners run and see where I end up. I may work on it another time.
Meanwhile I have come up with another plan that I think is more workable, has nothing in common with my previous CTP plan and, once again, requires no research into company politics and accounting. I do believe in the CTP plan, I just like to play, and I will fall back to it once I am finished playing unless something else turns out to be more profitable.
It invloves using the most volatile stocks (I have eight selected out of a posible 127) at the most volatile times within certain price ranges and with very strict rules. I have tried to put into writing a couple of times and I just cannot get it clear easily...so rather than spending time trying to put it down now I will work it for a bit and see what works and post it another time.
JD.
Questrade, My direct access discount broker.
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sounds very intriguing indeed.....
ReplyDeletei am very curious to find out the results of the etf trading "experiment".
u will hit upon something that is manageable and profitable for u yet.....i have been enjoying this learning journey....
k