General musings from someone in over their head
It’s been nearly 2 months since my latest update, but not because I’ve been inactive! Been quite busy on a new front, as I’ve almost accidentally started a side hustle, that of an Etsy shop producing movie prop replicas. If anyone is looking for some replicas of the business cards from American Psycho or Fight…
So I finally got around to dabbling with the innards of my program over the past couple of weeks. One major update I made was incorporating trailing stop-loss actions, rather than simple stop-loss. It has a little bit of customization, something I’ve been doing manually with my real purchases, where I’ll set a standard stop-loss…
I’m mainly posting here to touch base with the progress of my program: there really hasn’t been any. Other than daily price updates and analysis, I haven’t made any changes to my code since around the time of my last post. I’ve found my time eaten up by my day job slowly getting back to…
I guess I shouldn’t call it a “major overhaul”, but that’s the simplest I can put it. Originally I intended on simply adding or re-tooling some of the price conditions my program looks at, and adjust some of the thresholds. But after going through a lot of my code, I’ve found other things that can…
So I’ve been live trading using picks from my program for about 3 months now, with mixed results. Things got off to a great start, but ultimately the picks started getting worse and worse. It could very well be the market doesn’t want to play nice, as it’s been very schizophrenic as of late. Could…
These last two weeks have been a bit of a roller coaster, in relation to the market. After two great buys last week, the market decided to make things interesting by going topsy-turvy in the first half. It looks like Fed head Jerome Powell’s talk today brightened everyone’s outlook and brought the market back up….
In my previous post, I wrote about how I was paper trading using the picks my program made. Began in mid-December and currently ongoing, all four are currently in the green, with one of them having the luck of the Irish by picking up Novavax mere days before the price blew up. I don’t recall…
It’s been about a month since I’ve posted any updates on my program. Throughout this whole time, I’ve been paper trading with the picks my program makes, and so far with relatively good results. Every night, I download the day’s EOD pricing and then run my program through all the stocks (some stocks are eliminated…
As most of you know by know, there has been a great disturbance in the force. And by “force”, I mean the stock market. On January 22, 2021, members of a then-relatively unknown subreddit called “WallStreetBets” (WSB) came out en force, with their eyes on undermining a massive short position in place by Melvin Capital,…
Well, I’ve finally gotten my program back on track, it seems. The house’s breaker box is now in order and thanks to exposure to someone with Covid-19, I’m now self-quarantining until I get my test results back, giving me extra time to work on the program since I’m not able to go to my day…