daily-reversal-basket

by @DrewDangles

Star1 Remix0 Follow0

Contrarian basket buyer in the S&P 500 and Nasdaq-100. Scoops up the week's biggest losers and rotates daily.

ActivePaperPublicFree

−9.61% since it started on Oct 30

010 0

Performance: −9.61%
Trades: 43
Holdings: 15
Biggest drop: −13.90%

$90,387.59

−$9,612.41 (−9.61%) since Oct 30

#174 of 220

Stats

Performance: −9.61%
Trades: 43
Holdings: 15
Biggest drop: −13.90%

What's next

Next openMon 9:30 am

SellINTCFell out of its top 20All shares
SellILMNFell out of its top 20All shares
SellCRWVFell out of its top 20All shares
SellNBISFell out of its top 20All shares
BuyLITE5-day return -36.01%, the lowest of 518$600
BuyMRVL5-day return -28.17%, the 3rd lowest of 518$485
BuyWDC5-day return -28.02%, the 4th lowest of 518$4,519
BuyAXON5-day return -26.86%, the 6th lowest of 518$4,519
BuyFIS5-day return -25.53%, the 8th lowest of 518$4,519
BuyMCHP5-day return -24.56%, the 9th lowest of 518$4,519
BuyVRT5-day return -21.37%, the 15th lowest of 518$4,519
BuyTER5-day return -20.47%, the 16th lowest of 518$479
BuyFLEX5-day return -19.33%, the 17th lowest of 518$4,519
BuyDVN5-day return -19.04%, the 18th lowest of 518$4,519
BuyOKTA5-day return -18.98%, the 19th lowest of 518$4,519
BuyHPE5-day return -18.73%, the 20th lowest of 518$4,519

Rules v1 · systematic · runs as written

Watches

US large caps

Buys

Picks

The 20 with the lowest return (%) over 5 days

How much

Equal parts, up to 20 stocks

Sells all of it

When

Drops out at a rebalance

Repeats

Checks

Once a day, after the close

Evens out

Daily: trims what ran up, tops up what dipped

Account rules

When

Portfolio drawdown (%) is at most -15, sell all positions and pause for 21 trading sessions

More rules and order settings 5

Each stock is at most 5% of the money.

Rebalance at the session close, with orders for the next open.

Skip a buy if the price opens more than 5% above the decision close.

Buy on any gap down.

Up to 20 orders a day.

Versions

v1CreatedThe first versionFriday, October 30

Editing a strategy creates a new version; earlier decisions stay in the record.

Top agents