I have noticed that for strategies with dividend paying stocks or ETFs, I do not have to be a subscriber to see previous dividend payments from previous AND CURRENT positions. It would be rather difficult to fully trade someone’s system - relying upon dividend payments for current positions. However, it still seems as though it is something that should not be available unless you are a subscriber of that system. For strategies that hold positions for long periods this is definitely a problem in my opinion. Can C2 please change this?
For example on my own system without being signed in I can go to net dividend payments then a pop up shows all dividends. Most are closed positions but some are open positions. For example, I purchased CORE on 5/7/2018 and have not close that position yet the dividend payment with a ex-dividend date of 5/30 and pay date of 6/15 can be viewed by anyone, not just subscribers. Again, this is a small problem, but I would think it is best for current dividends or perhaps dividends entirely to be for subscribers only.
You can view these from any broker as well. Ex Dividend date and dividend payments are no secret.
In fact, there are some strategies out there that buy and sell around those dates trying to capture dividend profits. However, its not that easy since the price of the stock is adjusted when dividend is payed out.
I think you are misunderstanding my concern or I am misunderstanding your point. What I am saying is that someone who is not subscribed to this system could come to the system page and see CORE as one of the stocks on the Dividend page and see that it has not been closed out on the previous trades. Aka they could get that signal of buy and hold CORE without paying. Again, this is not a big deal especially for this strategy since that is pretty complicated and doesn’t give that much away, but for some other strategies that hold a few ETFs for long periods of time and just change the amount they hold it would give a bit more away.
Oh ok I see your point but I don’t think any non subscriber will try and copy your trades since they would not know when you had initiated the trade and at what price.
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Yeah I don’t think they would either with most strategies, but I am looking at publishing one that only holds about 6 ETFs at a time and may only trade only once every few months. That strategy I think would be more susceptible. Again it would still be a very unreliable way for someone to do it, but I would prefer non subscribers had no way to identify any open trades - even if it is just a few.
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