Thursday, February 1, 2018

Feb. 1 Momentum Ranks and Day 1 of Implementation of the Portfolio

I created an investagrams account to be able to use their virtual portfolio because they include the commission charges and all other transactional fees. If this is the first time you are reading about this momentum rotation strategy, kindly read this first post about it.

Before I give you today's momentum rank I wanted to show you the results of our 1st day.
Here's the momentum rank from yesterday:

I have a template already made (let me know if you want a copy) that helps me determine the number of shares I need to buy for my position sizing. It looks like this:


After buying from the top (except for those whose ATR sizes do not fit into minimum boardlots) all the way down until my 100k virtual capital ran out, here are day 1's results. Please keep in mind the following:

  1. NO THOUGHT WAS GIVEN TO ENTRY PRICE. I just bought right away at the market open.
  2. Aside from checking whether the Index was above SMA 200 or not, I did not check the charts of the stocks I bought.
Here were the stocks after buying this morning:

And here it is after End-Of-Day Feb. 1, 2018. 

So the next time I'll post an update about this virtual port will be next Thursday, since we will only be checking the port once a week and see if any of our holdings have been removed from the momentum ranks.

As promised, here are the Momentum Ranks for End-Of-Day Feb. 1, 2018.

Caveat and God bless!

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