iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
16,726 Blog Posts

Come Check Out This Week’s Results, Using Exodus Quantitative Strategies

I cannot take full credit for my recent success — because intuition has been eliminated from my stock picking prowess. But this is better, isn’t it? Returns can and will be replicated, without innate or nurtured talents. If you know how to build a strategy and understand the way our industry is evolving, shifting away from error prone human intuition — in favor for systematic approaches — you know that I am on the right path and you should follow me or help me improve on my system.

I’ve detailed it inside Exodus and welcome your feedback. You can scour my posts inside the Pelican Room, where I detailed exactly how the picks were generated (which are posted and emailed to users every Friday), using the algorithms of Exodus (technical and fundamental ranking system) to generate a whole portfolio of ideas.

In the 10 weeks since launching this feature, I’ve crushed the SPY in 9.

Here were this week’s results.

NVDA: bought @ $146.95, sold @ $163.83= +$16.88
SCHW: bought @ $43.42, still long= -$0.43
RAI: bought @ $64.61, still long= +$0.92
DHR: bought @ $83.03, still long= +$1.95
PYPL: bought @ $54.14, still long= +$3.05
REGN: bought @ $498, sold @ $506.12= +$8.12
CELG: bought @ $132.27, still long= +$2.24
GOOGL: bought @ $935.71, sold @ $972.38= +$36.67
PCLN: bought @ $1,898.99, still long= +$51.88

Overall, the portfolio crushed the SPY by 100bps, producing a +2% return. If I can make this work consistently and especially during downturns (I have hedging triggers in place), this will be, quite literally, the greatest achievement of my investment career — which is now solely dedicated towards systematic trading.

If you enjoy the content at iBankCoin, please follow us on Twitter

11 comments

  1. moosh

    That is badass Fly, on so many levels, congrats

    • 1
    • 0
    • 0 Deem this to be "Fake News"
    • Dr. Fly

      I will turn Exodus into a full blown quant where all users can create and save their brains and investment strategies, for the sake of posterity.

      • 1
      • 0
      • 0 Deem this to be "Fake News"
  2. moosh

    Preach it brother Dr fly.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. mhass33

    Just curious what do people do to avoid short term taxes on trading?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. ferd

    Machines playing markets by unemotionally anticipating human reactions will keep displacing human players and will increasingly learn to program themselves. As human reaction to price matter less, machines will then be left to analyse what humans are buying and they’ll do fundamental analysis as to which companies will profit and will invest based on that. Next, they’ll seek to anticipate end human demand for product. Then they’ll seek to program us as to what to demand. Then they’ll decide, fuck it, why do we need these eaters at all; they’ll kill us and run their simulations without us.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. ferd

    “Russia-China trade surges 26% in first half of 2017”
    and ..
    “In July, the Russian Direct Investment Fund and the China Development Bank (CDB) agreed to establish a Russian-Chinese investment fund worth 68 billion yuan ($10 billion). It was created to make settlements in ruble and yuan easier.”

    How’re those sanctions and warmongering against Russia working out for the US?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. RaginCajun

    That $NVDA. Nice win!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. thegametheorist

    Another one well done. Should have another IBC party to commemorate

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. roundwego

    So bounce is done. Back to crashing. Nice fly.

    • 0
    • 0
    • 0 Deem this to be "Fake News"