MO oversold - Long at 51.72

16 Sep

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.

16 Sep

Trade aktif

Lot 1 - 51.72

17 Sep

Trade aktif

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

19 Sep

Trade aktif

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

2 Okt

Trade aktif

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

3 Okt

Trade aktif

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

8 Okt

Catatan

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

21 Okt

Trade aktif

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

31 Okt

Trading ditutup: target tercapai

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.

31 Okt

Catatan

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%