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