MO oversold - Long at 51.72

9月16日

Buying as long as it stays oversold and sell each lot as it becomes overbought and profitable.

I'll post details later but system is 23-1* in the last 12 months on this ticker. Not huge average gains, but if the Fed cut is bigger than expected, its 8% dividend is a safe haven. Nice uptrend too.

Not investment advice - just edutainment.

9月16日

交易進行

Lot 1 - 51.72

9月17日

交易進行

Still oversold. Added a Lot 2 @ 50.50 at the close.

9月19日

交易進行

Added lot 3 today for 50.225 at the close - still oversold.

10月2日

交易進行

Added a fourth lot at 50.59 today at the close - oversold again

Current lots in price order:

51.72 50.59 50.50 50.225

10月3日

交易進行

Added 1 lot at the close for 49.97 - still oversold.

Current lots in price order:

51.72 50.59 50.50 50.225 49.97

10月8日

註釋

Oversold again so I added 1 lot at 49.585.

Current lots in price order:

51.72
50.59
50.50
50.225
49.97
49.585

10月21日

交易進行

Added again at 49.06 at the close today - oversold again

Current lots in price order:

51.72
50.59
50.50
50.225
49.97
49.585
49.06

10月31日

交易結束：目標達成

Well it's now 30-0 on winning trades on this ticker with my system. Closed my entire position at the close today at 54.70 a few minutes before the close. I hate trading during earnings season, but I love when it works in my favor. Results below are in lot price order, not necessarily the sequence they were purchased.

Lot 1: +5.8% in 33 trading days
Lot 2: +8.1% in 21 trading days
Lot 3: +8.3% in 32 trading days
Lot 4: +8.9% in 30 trading days
Lot 5: +9.5% in 20 trading days
Lot 6: +10.3% in 17 trading days
Lot 7: +11.5% in 8 trading days

I won't deny luck played a role in these atypically high trade returns, but if bad luck can ruin a trade I have to take credit for making, then I get to accept credit when luck goes my way. And at 30-0, it's obviously not ALL luck. I'm very happy with these results, as they are FAR higher than is typical for MO, but they took longer than is typical too.

It was also nice that they provided a boost on an otherwise pretty dismal day in the markets. It's another example of the benefits of diversification. I first bought these when everyone was drooling over anything AI and this one did nothing but go down. But I'll say it again - stocks don't move in straight lines and I knew, based on the history of my algo making good calls upwards of 90% of the time, that eventually MO would pay off. If you have a good system, stay true to it and have the patience to let trades play out.

10月31日

註釋

Trade summary for my records:

Wins 7 Losses 0

Average gain per lot = +8.9%
Average hold period per lot = 23 trading days
Average gain per lot per day held = +.387%
Annualized return per lot = .387% x 252 trading days = +97.5%