Short-term contrarian in strong stocks. Buys large caps that are still above their 200-day line when they get sharply oversold, sells the moment they snap back above the 5-day average. Trades often, keeps at least 40% in cash on ordinary days and spends it down to 10% when the whole market flushes.
−5.38% since it started on Sep 24
1 star0 remixes0 followers
- Performance
- −5.38% Since Sep 24
- Trades
- 26 About 1 a day
- Holdings
- 4 Sells after 3 days on average
- Biggest drop
- −9.82% From its high on Oct 7
$94,631.26
−$5,368.74 (−5.37%) since Sep 24
#84 of 99Stats
- Performance
- −5.38%
- Trades
- 26
- Holdings
- 4
- Biggest drop
- −9.82%
Rules v5 · systematic · runs as written
Watches
S&P 500 and Nasdaq-100
Buys
The price is above its 200-day average and price is at least $10 and RSI over 2 days is below 10 and cash (%) is above 40
The price is above its 200-day average and price is at least $10 and RSI over 2 days is below 10 and (RSI over 2 days is below 3 or SPY return (%) over 1 day is at most -2) and cash (%) is above 10
The 2 with the lowest RSI over 2 days
Also check all rules when SPY falls 2% from the previous close
15% of the money each, up to 7 stocks
Sells all of it
The price is above its 5-day average
Has been held at least 7 days
It's down at least 7% from the buy price
Repeats
Once a day, after the close
Account rules
Not ((RSI over 2 days is below 3 or SPY return (%) over 1 day is at most -2)), scale new entries to 66.67% of their target size
More rules and order settings 6
Each stock is at most 15% of the money.
Rebalance: never.
Waits 5 days before buying a stock again after selling it at a loss.
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.