I will have you know, the Stocklabs mean reversion algorithms have won again, whilst you sit there twiddling your thumbs. The vaunted oversold signal has produced a once in a life time buying opportunity, only to have been repeated innumerable times over the years and will be repeated again many times in the future.
On the matter of racing against machines, I am in a foot race against the software version of my brain, as my Quantitative stratagem lifts off again today, exceeding MTD gains of 6%, led by a +55% gain in NET. My personal trading is up a genteel 35bps, stretching gains to 5.5%. I view the quant as my pace rabbit and will work effortlessly to beat it by month’s end.
I covered my hedges at the open, swapped a few stocks for a few others, now presently 50% cash with the patience of a lion in the tall grass.If you enjoy the content at iBankCoin, please follow us on Twitter