Price has been hovering around 0.08 CAD, as such hits 0.7/0.9 CAD regularly
(buying at 0.7 and selling at 0.9 translates into ~28% profit)
Strategy is stupidly simple: Set Buy limit order at 0.7 CAD and sell limit at 0.9 CAD rinse repeat.
NOTE: have yet to determine optimal position sizing, trade volume is in 50-200k range, so taking too big a position could risk being left holding the bag.
(buying at 0.7 and selling at 0.9 translates into ~28% profit)
Strategy is stupidly simple: Set Buy limit order at 0.7 CAD and sell limit at 0.9 CAD rinse repeat.
NOTE: have yet to determine optimal position sizing, trade volume is in 50-200k range, so taking too big a position could risk being left holding the bag.