Quote:
Originally Posted by jeffporfirio
Don't know how legit this is, it seems to good to be true, but anyways it seems like it would be a nightmare come tax time.
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I don't think the returns are out of line at all. The equity graph looks realistic and similar to other algorithm results. The problem with algorithmic trading is executing the trades needed to achieve the results. The interesting part of this one is they do the trades for you through your own account and only hold 20 positions at any time. Other algorithms I've seen produce better results but require hundred of trades a day.
I suspect your brokerage statement would satisfy your accountant but it would definitely be income. No tfsa trading here.