After a reasonably previous successful sim exercise, https://www.elitetrader.com/et/threads/self-checking-stock-picking-skills.313524/ on this coming Monday open is a second attempt to improve on results. In the first exercise we had a stock picking win ratio of 89% A dollar win rate ratio of 18.74 (for every dollar lost, we made $18.75) Also beating the market return by 238% This exercise is to double the number of stocks held to 18 and doubling the time to 12 days. This is not to be construed as investment advice but a short term simulator exercise for training purposes. Stock list to follow...
Contenders to buy on open. There are two trading systems in play here, the gold stocks are running on a different system. A2Milk stock is high risk as it has already run hard, but I think there is yet a bit more juice in the tank.
This might be better for those wishing to check the charts... A2M A2 MILK https://www.barchart.com/stocks/quotes/A2M.AX/technical-chart ASL AUSDRILL https://www.barchart.com/stocks/quotes/ASL.AX/technical-chart DCN DACIAN GOLD https://www.barchart.com/stocks/quotes/DCN.AX/technical-chart ECX ECLIPSE https://www.barchart.com/stocks/quotes/ECX.AX/technical-chart EML EML PAYMENTS https://www.barchart.com/stocks/quotes/EML.AX/technical-chart EVN EVOLUTION GOLD https://www.barchart.com/stocks/quotes/EVN.AX/technical-chart GOR GOLD ROAD https://www.barchart.com/stocks/quotes/GOR.AX/technical-chart IMF IMF BENTHAM https://www.barchart.com/stocks/quotes/IMF.AX/technical-chart MFG MAGELLAN https://www.barchart.com/stocks/quotes/MFG.AX/technical-chart MLX METALS X https://www.barchart.com/stocks/quotes/MLX.AX/technical-chart NCM NEWCREST https://www.barchart.com/stocks/quotes/NCM.AX/technical-chart NST NORTHERN STAR https://www.barchart.com/stocks/quotes/NST.AX/technical-chart OGC OCEANAGOLD https://www.barchart.com/stocks/quotes/OGC.AX/technical-chart ORE OROCOBRE https://www.barchart.com/stocks/quotes/ORE.AX/technical-chart RRL REGIS RESOURCES https://www.barchart.com/stocks/quotes/RRL.AX/technical-chart RSG RESOLUTE https://www.barchart.com/stocks/quotes/RSG.AX/technical-chart SAR SARACEN https://www.barchart.com/stocks/quotes/SAR.AX/technical-chart SBM ST. BARBARA https://www.barchart.com/stocks/quotes/SBM.AX/technical-chart
Day 2 results - 5 losers, that's the part I wish to improve on, win rate. Portfolio results increasing nevertheless. *The opening price is from day 1
Day 4, XAO up 0.6% while gold index XGD was down 0.1%. Portfolio continuing up for the meantime, NST put on 5.6% today while A2M which had already run hard prior to this continues to pile on, now up 7% in 4 days.
Day 5, no gain or loss on portfolio today but we are lagging market 0.3% now, gold being the culprit as XGD was flat in spite of gold price rising overseas, however a strengthening Aussy dollar causing the headwind locally I suspect.