Jun. 17 at 1:03 PM
iShares ETF
$EWC invests in the Canadian market. Say we invested $ 1000 every time one of the following 3 trading signal occurred, or on the first trading day of every month (DCA) beginning in 2020; including dividends, what would be the PnL today?
I will allow for 10 pyramid buys - meaning as long as the exit is not violated, we can buy every price reassertion signalling a new buy. So, conceivably I could buy up to $ 10,000 worth of the ETF each trade cycle.
With a fast entry and fast exit around the 20EMA: - $ 186 after 158 trades
With a fast entry on the 20EMA but slow exit around the 100EMA: $ 6,543, 75 trades
With a slow entry and exit around the 100EMA: $ 2925, 49 trades
Monthly DCA: $ 58,149, 78 trades (all held).
Had I simply invested the entire $ 78,000 on Jan 02, 2020: The current value not including dividends, $ 175,100 a gain of $ 97,100 on initial $ 78,000. If we add in dividends, the total value would be ~ $ 195,000
4 chart images, first 3 are trading and last is DCA. I am only showing the past year in the view but note how busy the first one is. I rather like the second as far as trading goes.
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