Here is a list of stocks on the ASX which I have selected tonight which should make money in the short term. This is not an exhaustive list, just a few I grabbed for a self checking exercise. Will check again in a week and see how it goes overall. BKL, CNU, GEM, ECX, EHE, EML, SDA, STO, SUN. See how my stock picking skills are. Buy on open tomorrow (sim) Close out Friday next week on mkt close. Purely based on an algo I coded on Amibroker plus filtered using experience.
I'll make up a small table of tomorrow's opening price, Friday next week's closing price, and % win/loss.
Just a bit bored while I am largely out of the market atm, so was casting my eye at different opportunities and thought I may sim a new idea, hence the posting.
Or you could simply just buy the darlings - FANG. https://www.thestreet.com/story/14320244/1/fang-stocks-index.html
There is a simple calc error in above which I found, it should be the sum divided by 9 to give portfolio total %. Therefore sum for day 1 is 0.2%. Results for day2, portfolio up 1.57%
Day 4, not going so crash hot so far with the XAO market down 0.8% today. There is a lesson to be learned on how to improve, will explain at end of week. Will attempt another SIM after this with the changes in the approach.