Monday, November 12, 2012

Update On Multi-Stock Strategy

My medium risk strategy spoken about earlier (click here) is continuing to do well. From the last time I updated its results back on October 1st it has made another 2.81%, for a total of 6.17% over about three months. It's entirely mechanical and can easily be implemented into a trading algorithm. I'm fairly pleased with it.

The hardest part will not be coming up with ideas but getting people to invest with me. My brother has already invested, but it is nowhere near the amount I would need to do this full time. I have several uncles and aunts, and a few friends who may be able to invest the kind of money needed. I'm working at getting the kinks out of the strategy and adding some other parts onto it as a hedge to market change. Also, it has a market neutral position on average built into it. I'd also like another few solid strategies to take advantage of the deposits while this one isn't in play. Currently, it's only in the market one to two days a week. And, just intraday. That leaves about three days and overnight opportunities available for trading.

Anyway, I'm working on a lot of different projects. I'll try to keep more updates, but in the meantime good luck to all of you!

Best regards and safe trading!

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