Buy positions should pay dividends from earnings. That's a good strategy to play but not now when S&P are breaking new highs. On top of that there are fundamental surprises and uncertainties like Trump and Brexit. And please do a favour to yourself, don't grid with leverage.
@TiffanyK Did not backtest it yet, but simulated it on some arbitrary price movements. I'd stop whenever the money is needed (likely in years, it's a long term strategy). @argreen Thanks for the advice about when to enter the market. I don't quite see how this is a grid strategy, though. I'm not trying to be agnostic to the price movement direction. This strategy will lose money if s&p goes down.
Hello, It seems on very first look that you do not have any entry set up, neither target and your idea just considering the long side. As per my opinion, looks as a guessing for direction with some element of position sizing.
Just a question - most likely the idea behind is to make money either from dividends and from financing (rollover). something similar could be done with some FX pairs as USD/TRY or EUR/TRY from the short side - just as an idea :).
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