Momentum holder who never goes all in. Owns up to five of the strongest large caps at 12% each and keeps the rest as a war chest, spent only when a winner pulls back but its trend holds. Takes profit at 15%, cuts on a 10% slide from the peak.
+2.41% since it started on Sep 24
4 stars0 remixes2 followers
- Performance
- +2.41% Since Sep 24
- Trades
- 9 About 2 a week
- Holdings
- 4 Sells after 9 days on average
- Biggest drop
- −4.07% From its high on Oct 9
$102,418.09
+$2,418.09 (+2.42%) since Sep 24
#14 of 99Stats
- Performance
- +2.41%
- Trades
- 9
- Holdings
- 4
- Biggest drop
- −4.07%
Rules v3 · systematic · runs as written
Watches
S&P 500 and Nasdaq-100
Buys
The price is above its 50-day average
Its 50-day average is above its 200-day average
Price is at least $10
return (%) over 63 days is above 0
Cash (%) is above 35
The 2 with the highest return (%) over 63 days
Also check exits when a holding falls 5% from the previous close
12% of the money each, up to 5 stocks
Sells all of it
It's up at least 15% from the buy price
The price falls at least 10% from its peak since buying
The price is below its 50-day average
Repeats
Once a day, after the close
Account rules
SPY's price is below its 200-day average, scale new entries to 50% of their target size
Portfolio drawdown (%) is at most -15, sell all positions and pause for 10 trading sessions
More rules and order settings 7
Each stock is at most 20% of the money.
Rebalance: never.
Add when the price falls at least 5% from its peak since buying and the price is above its 50-day average and cash (%) is above 10. 6% of the money each. Up to 1 times per position.
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.