The challenge of making a profit of $1,000 in two weeks

Discussion in 'Journals' started by Hardison, Jul 1, 2025 at 4:13 AM.

Can the challenge be successful?

This poll will close on Jul 15, 2025 at 4:13 AM.
  1. Yes

  2. No

Results are only viewable after voting.
  1. I know you are just playing with it, but if you want to do something that you can trust, add commissions and slippage to the algo.

    I can imagine that your dreams will vanish after doing that.

    And they call the EA Invincible :rolleyes:
     
    Hardison likes this.
  2. newwurldmn

    newwurldmn

    what’s an EA other than an executive assistant or electronic arts?
     
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  3. "Expert advisor", they call it like that on the Metatrader software

    https://www.mql5.com/en/market/mt4
     
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  4. newwurldmn

    newwurldmn

    Hardison and Drawdown Addict like this.
  5. Would you sell a working strategy? LOL
     
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  6. newwurldmn

    newwurldmn

    Only as a charitable undertaking on the internet.
     
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  7. Ok, next time you have a thought like that, think of me.

    squidward-spare-change.gif
     
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  8. wxytrader

    wxytrader

    So what makes you think the dividends are just ROC lol. They can return capital at times to maintain a high dividend which is healthy...and it means you don't pay tax on your own capital being returned.

    https://www.investopedia.com/terms/r/returnofcapital.asp

    Also, even if you bought at the worst time (recent highs) you are still up in MSTY with dividends in...how would your non-dividend stock hold up?
     
    Last edited: Jul 1, 2025 at 1:41 PM
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  9. You are assuming that MSTY will recover its price immediately after setting the dividend date, which might not happen that quickly; otherwise it would be a printing money machine.
     
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  10. wxytrader

    wxytrader

    I'm not assuming anything. I couldn't care less what msty price does lol...I'm in it for the dividends not capital gains. If price drops that just means more dividends on the cheap! :)
     
    Hardison likes this.