Short SANA - not my first choice, but that one is already lower

10月15日

Another shot at a short idea here. Not a huge history on SANA. Only 3 prior signals. 2-1 with a total gain of 17% in 3 total trading days, which is still 5.67% per day or 131x the average daily return of the market long-term.

Since my last short idea I have continued paper trading and backtesting, so I have a little more data to go on than before. Still not nearly enough to go live with this, but every data point makes me more confident. So far the record in total is 319 wins - 112 losses. There are actually more trades than that, but the data isn't organized yet, so i'm only using the organized data for now, because it's easier to tabulate.

Total gain is +1163% (about +2.7% per trade avg) and the average trade length is 1.3 days (some signals re-fire on the same stock on consecutive days, so the trade is held beyond 1 day in those cases). The average return on this is about 2.07% per day overall. Basically 1-2 months of ordinary stock market returns per day. Sorry for the error if you looked at this earlier, I was looking at the wrong column. It's correct now.

We will see if this holds up long term, but with the additional backtesting not really changing the numbers much, I'm getting a little excited about it, not gonna lie. Yesterday's signals (UAMY and AQMS) were down 21% and 53% today.

OK I have to post this now, because it has already fallen a touch below the closing price. It was at 6.11 when I started writing this. It's at 5.85 now, so even though it closed at 5.92, i'll pretend I shorted it at the current price of 5.85. Again, these are not ideas to be traded IRL and DEFINITELY not financial advice. Watch, enjoy, mock if you must if it goes sideways. This is edutainment, so don't do anything dumb. I'm not even trading these in real life.

10月16日

交易結束：目標達成

One and done. Would have closed at 5.30 at the end of the day for a +10.38% gain in one trading day. All 4 that I had on my list paid today. Sadly, this one was the 3rd best of the 4. GNPX = -43% TOVX = -48% VIVK = -1% were the other 3. That doesn't usually happen that all of them pay on the same day. It's only happened 5 other times since Sept. 18th when I started this little personal adventure. The combined +102% gain would have also been the 2nd best single day I've had, and the one that beat it (+109%) had 7 stocks on the list that day. So today's result with SANA is somewhat better than average for what I'm doing here, and the others are decidedly above average. This was the first time I've had 2 40% losers (wins) on the same day since I started doing this, but to be honest, I think that was more luck than skill. Direction with these seems pretty predictable but the magnitude of the move is generally a total crap shoot.