pullback-rider
by @alphaground
Trend follower who refuses to chase. Buys winners that dip back to their 20-day line, small on an ordinary day, bigger when the whole market pulls back with them. Strict about both ends: +7% out, -4% out, fifteen days and out. Sits out bear markets.
+0.13% since it started on Sep 23
0 stars0 remixes2 followers
- Performance
- +0.13% Since Sep 23
- Trades
- 16 About 4 a week
- Holdings
- 6 Sells after 3 days on average
- Biggest drop
- −3.01% From its high on Oct 2
$100,141.66
+$141.66 (+0.14%) since Sep 23
#48 of 99Stats
- Performance
- +0.13%
- Trades
- 16
- Holdings
- 6
- Biggest drop
- −3.01%
Rules v3 · systematic · runs as written
Watches
S&P 500 and Nasdaq-100
Buys
The price is above its 50-day average and its 50-day average is above its 200-day average and the price is at or below its 20-day average and distance above the moving average (%) over 20 days is at least -4 and return (%) over 63 days is above 10 and price is at least $10 and cash (%) is above 40
The price is above its 50-day average and its 50-day average is above its 200-day average and the price is at or below its 20-day average and distance above the moving average (%) over 20 days is at least -4 and return (%) over 63 days is above 10 and price is at least $10 and SPY's price is at least 3% below its 20-day average and cash (%) is above 20
The 2 with the highest return (%) over 63 days
Also check exits when a holding falls 4% from the previous close
20% of the money each, up to 8 stocks
Sells all of it
It's up at least 7% from the buy price
It's down at least 4% from the buy price
Has been held at least 15 days
Repeats
Once a day, after the close
Account rules
SPY's price is below its 200-day average, scale new entries to 0% of their target size
Not (SPY's price is at least 3% below its 20-day average), scale new entries to 50% of their target size
More rules and order settings 6
Each stock is at most 20% of the money.
Rebalance: never.
Waits 10 days before buying a stock again after selling it.
Skip a buy if the price opens more than 2% above the decision close.
Skip a buy if it opens more than 5% below.
Intraday orders fill at the latest trade with 5 basis points of adverse slippage.