You're on to me! Yes, I look for sell offs/beaten down stocks for a quick reversion. Bought 25 shares of COOL @ $3.58 Bought 56 shares of AMTX @ $1.57 Edit: I am looking for companies that are potentially going to bounce back from low average dollar volume situations. Sell the under performers and tier out of those that bounce back.
Positions as of close 8/23/16 for AverageJoesTrades Bottom Feeder Fund: AMTX 111 shares at average cost of $1.58 DCIX 46 shares at average cost of $3.84 GLMD 44 shares at average cost of $3.92 CSBR 90 shares at average cost of $1.95 LIME 49 shares at average cost of $1.82 VRAY 30 shares at average cost of $2.95 ASTC 51 shares at average cost of $1.74 COOL 25 shares at average cost of $3.58 INTX 49 shares at average cost of $1.80 JYNT 43 shares at average cost of $2.03 ACUR 53 shares at average cost of $1.68 IDSA 51 shares at average cost of $1.73 IIN 19 shares at average cost of $4.58 QUMU 32 shares at average cost of $2.74 JASN 38 shares at average cost of $2.32 HSON 47 shares at average cost of $1.88 MIRN 27 shares at average cost of $3.23 KTEC 7 shares at average cost of $11.76 PXS 29 shares at average cost of $2.13 Current fund total 8/23/16: $3095.55 + $10.12 + .33% Buying power: $1,088.28 Money in play: $2,007.27
Sorry, I was tied up all day in a work event. The Algo continued to work while I was tied up and made the below purchases: Bought 15 shares of JCS @ $5.65 Bought 48 shares of LIME @ $1.86 Bought 49 shares of HSON @ $1.79 Bought 25 shares of COOL @ $3.50 Positions as of close 8/24/16 for AverageJoesTrades Bottom Feeder Fund: JCS 15 shares at average cost of $5.65 AMTX 111 shares at average cost of $1.58 DCIX 46 shares at average cost of $3.84 GLMD 44 shares at average cost of $3.92 CSBR 90 shares at average cost of $1.95 LIME 97 shares at average cost of $1.84 VRAY 30 shares at average cost of $2.95 ASTC 51 shares at average cost of $1.74 COOL 50 shares at average cost of $3.54 INTX 49 shares at average cost of $1.80 JYNT 43 shares at average cost of $2.03 ACUR 53 shares at average cost of $1.68 IDSA 51 shares at average cost of $1.73 IIN 19 shares at average cost of $4.58 QUMU 32 shares at average cost of $2.74 JASN 38 shares at average cost of $2.32 HSON 96 shares at average cost of $1.83 MIRN 27 shares at average cost of $3.23 KTEC 7 shares at average cost of $11.76 PXS 29 shares at average cost of $2.13 Current fund total 8/24/16: $3085.38 Daily: - $10.17 - .33% Overall: + $85.38 + 2.85% Buying power: $739.04 Money in play: $2,346.34
Bought 49 shares of CSBR @ $1.81 Bought 47 shares of IDSA @ $1.88 Positions as of close 8/25/16 for AverageJoesTrades Bottom Feeder Fund: JCS 15 shares at average cost of $5.65 AMTX 111 shares at average cost of $1.58 DCIX 46 shares at average cost of $3.84 GLMD 44 shares at average cost of $3.92 CSBR 139 shares at average cost of $1.90 LIME 97 shares at average cost of $1.84 VRAY 30 shares at average cost of $2.95 ASTC 51 shares at average cost of $1.74 COOL 50 shares at average cost of $3.54 INTX 49 shares at average cost of $1.80 JYNT 43 shares at average cost of $2.03 ACUR 53 shares at average cost of $1.68 IDSA 98 shares at average cost of $1.80 IIN 19 shares at average cost of $4.58 QUMU 32 shares at average cost of $2.74 JASN 38 shares at average cost of $2.32 HSON 96 shares at average cost of $1.83 MIRN 27 shares at average cost of $3.23 KTEC 7 shares at average cost of $11.76 PXS 29 shares at average cost of $2.13 Current fund total 8/25/16: $3,078.93 Daily: - $6.45 - .21% Overall: + $78.93 + 2.63% Buying power: $561.99 Money in play: $2,516.94
The bottom feeder fund algo took a dump on me today. It posted some outside parameter buys/sells. I'm putting it on hold until I can figure out what happened. I have again liquidated my holdings. I manually entered 3 trades today: TWTR 52 shares @ $19.41 TCK 60 shares @ $16.46 GM 31 shares @ $31.80 Capital deployed: $2,989.50 Buying Power: $23.69
I find it very interesting that you are only dealing in small number of shares. I have a similar portfolio (about 3k). How is your performance? I would love to see your trade journal if you have one.
The more I dig into aglorithmic trading the more my strategy shifts. I am testing a new strategy that normally has win rates ~90% for any security. I am testing it on 3 stocks that have triggered a buy signal, but have fallen back to buy levels. After testing this strategy I will begin implementing with option purchases. 1. DAL entered 27 shares @ $37.45 - 91% profitable since 2007 2. DE entered 12 shares @ $84.07 - 89% profitable since 1968 3. WYNN entered 11 shares @ $92.83 - 95% profitable since 1992
Hey Rohit, I just saw your message. My trade Journal is really all here. I stopped the automated alrogrithm I had hooked up to Robinhood due to a glitch in the coding throwing out erroneous sell and buy signals. From my initial start I am + $44.99. I actually just came across your journal and will eventually get around to making a nice concise one like that. I've been super busy with work and the algo crapping out on me.
