Modes68 @Modes68: "July 16, 2024 My trading system..."

Spain

July 16, 2024 My trading system is made up of a set of strategies, and as a result of the change in bull rates where a commission of $1 for each purchase or sale operation will be applied starting August 11, 2024, some of these strategies are not viable as they are designed at this time, so as of Monday, July 15, the following is being invested: 1.- For the dividend strategy nothing changes, since they are long-term operations and the objective is to obtain monthly income that is then reinvested, consequently having a commission of $1 per operation, although it is not a dish of good taste, is not significant in the operation. Some assets of this strategy $KRO (Kronos Worldwide Inc), $AGNC (AGNC Investment Corp), $MO (Altria Group Inc) 2.- For the seasonal strategy there are important changes, since it is a speculative strategy using a self-created algorithm that consists of buying and selling specific assets on specific dates that are repeated every year on the calendar and that have provided benefits consistently. consistent in recent years and with an investment horizon of 1 to 8 weeks, therefore 120 operations are carried out per year and of which 76 correspond to shares. The amounts invested per operation are small, so paying $1 for each operation in shares makes trading in these financial instruments unfeasible. As the profitability obtained during the time the strategy is implemented is quite interesting, the new investment strategy is: * Regarding operations with ETFs and CFDs, the same amounts are maintained since these instruments are not subject to commission. *For operations with stocks, the assets that I will operate annually are reduced to 32 operations and the size of the position is doubled, in this way at least the strategy becomes viable. *With this change in position size the capital allocated for this strategy will be 16% instead of 15% Some assets of this strategy $AAPL (Apple), $AMT (American Tower Corp) 3.- For the swing trading strategy there is a radical change, since it is a strategy using a self-created algorithm that consists of buying when a specific technical pattern of oversold is formed and selling when a technical pattern of volume and oversold is formed. a default list of 50 assets for each swing pattern between stocks and ETFs. It is a very dynamic strategy and with many operations (about 17 or 18 per week on average) mainly on shares and with very small position sizes, so with the implementation of commissions on shares it makes the operation completely unfeasible, so the new strategy will be: *Reduce the list of tradable assets to only 20 ETFs per trading pattern *Double the size of the position for each operation, because although the acquisition of ETFs is commission-free, such a measure is necessary to assimilate the capital assigned to the pre-existing one before the change in strategy, with the new capital assigned being 11% instead of 13%. *Before August 10, sell any share that is subject to commission and the investment has been made with the Swing strategy regardless of whether the strategy algorithm has given a purchase signal. This is done to avoid paying a commission that would reduce greatly the profitability of the strategy. Some assets of this strategy $UNH (UnitedHealth), $WSO (Watsco Inc) 4.- For the Bond strategy and contrary sentiment operations. nothing changes because the bond strategy is based on macro analysis based on the FED rate cycle, they are long-term operations and applied to ETF $TMF The contrarian sentiment strategy is applied to the $SPXL ETF and is based on the principles of mean reversion to market breadth defined as the percentage of a list of 150 assets that are either above or below the SMA39 on the weekly chart and the 18 and 40 period EMAs on the daily chart, with the investment horizon of this strategy being a few months. The implementation of commissions as of August 11 does not affect the operation of this strategy, but the new capital assigned to this strategy will be 3% instead of 2%.

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