First thing first . I would like to apologize for not updating the blog since February. You are probably wondering what I've been up to during that time. Well , I've been busy developing and testing an algorithm strategy. If you remember back in November 2016, I've wrote about how absolute momentum worked well to select S&P 500 strategy . I took this simple idea and developed to full working strategy.
I've modified the trading criteria , and started trading LIVE on my IB account from December 2016 till now. Here are the result so far ( results are from my funded REAL IB accounts, not a demo ) .
Return (%) since Dec 2016 - April 30th.
Strategy (blue line) vs. Benchmarks
Top Holdings and return (%)
As of today ( May 7 ,2017) , the strategy is up 15 % ,Not bad too shaby ! . Rather than continuing trading this manually, i decided to code this strategy in Python. Starting in June, this strategy will be fully automated and run straight from my computer. The results should be remain the same.
What's Next ?
In my blog post back in November, I've mentioned that I may introduced a paid newsletter for this strategy. I haven't though of the pricing model yet , but it think its something I will introduce later this summer. But before i even start working on this , I need to make sure the algorithm is running smoothly, therefore i will continue live testing till the end of July. By then , I would have accumulated 8 months of data , enough for potential investors to decide if this is for them or not .