Thanks, Aimster.
You have put a lot of work into this. I can see where something like this would be very time consuming. Suppose it could work okay with individual stocks. Believe it was designed to work with individual stocks which had recent upgrades. As you have pointed out, it doesn't work well with ETFs....even 3X ETFs.
Almost similar to the dividend capture strategy where one sells the stock if they are able to get a short-term gain equal to or greater than the upcoming dividend before the stock goes ex-dividend, thereby capturing the dividend. Otherwise the stock is held through the ex-dividend time period and sold later when the price is the same or greater than the purchase price, thereby capturing the dividend.
PayTrading "supposedly" never sells at a loss. Wonder how that strategy fared the past couple of years (rhetorical question, of course). I believe if I ever used such a strategy I would definitely use a stop-loss.
Again, thanks for the update.
Best regards,
Ray
