Leaderboard

Well that's more feedback than we were expecting off the top. I'm working on a new thread for it -- it'll probably be next week with all of the details. You cannot run this strategy on TDA -- their interest rates are way to high. Right now, a $150,000 account on IB would have an effective interest rate once fully invested of 6%. At a rate of 12.5% (lowest rate on TDA), it would be a struggle to break even on the strategy. The great thing about this strategy is finding the trades isn't difficult (but does take time), but management of the strategy is EASY. Many trades require zero work for 9 months to a year after opening. The only thing you have to monitor is profits. If you have 90% of your profits in the first 3 months, you get out and enter another trade (doesn't make sense to pay margin interest for 6 more months for 10% of the profits when you could just get in a new trade).