Below you'll find the recent 6 month performance of my virtual Marketocracy fund.
This will be the first quarter the fund qualifies for ranking by Marketocracy. The fund will be eligible for overall ranking and possibly the financial sector ranking as well. I'll continue to update the site with my progress.
By the way, I mentioned last week that I was going to work on a few system ideas over the weekend. That is true. I started out testing MuckDog's suggestion of the Chaikin Money Flow Indicator. I've never had much success with the Accumulation Distribution type indicators. I'm sure there is something there...just never could find it. But, in the process of trying out different ideas...I began to whittle together a new system. A very exciting system.
The system as it stands right now is one of my best works and yet one of the simplest. It is a weekly system that may hold positions for years. The system may go long or short depending on the entry rules and isn't always active in the market. The system is not quite ready for production. Additional work is required on entry rules, position sizing, and markets to trade. Hopefully, I can work on this system a bit while recovering from surgery.
Daily System Updates
Current open system positions:
- CVT long with current profit of 1.18%.
Please read the disclaimer on the website. This is not a recommendation to buy, sell, or trade securities. Just a journal of my travels through Wall Street. I can buy, sell, or hold any positions mentioned on this website at anytime. So, be warned.
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