XAO 0.64% 8,622.0 all ordinaries

Hi @ttward. I found your post very interesting as I am...

  1. 3,034 Posts.
    lightbulb Created with Sketch. 25
    Hi @ttward. I found your post very interesting as I am fascinated by figures. Just a quick back of envelope calculation by me at 4.30am this morning. I get a profit of 950.55 on your above $5 stocks and dates dates, that is buying the minimum amount of $500 on each stock, which is what I could afford. Taking into account brokerage of $520 that would leave $430.55 which gives us a 3.31% profit on 13k outlay.
    I realize that $500 is only a tiny amount to trade with, and that there would probably be many duplicate stocks from date to date, so this would reflect in the above figures.
    This was a rushed post as I have to go back to work  this week, 6am starts. I am going to do up some spreadsheets over the next few evenings as I believe this could be quite a lucrative trading strategy.
    Cheers @ttward
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.