The StockDomo.com real money Swing Trading Portfolio returns +46% from March 28, 2017 to September 30, 2017, a six month period. During this same period, the S&P 500 returned +7.7%, for a StockDomo Portfolio outperformance of +38.5%.
How were the stocks selected?
At the end of each trading day (around 6:40 pm Pacific Time Zone), StockDomo.com automatically publishes lists of stocks which match one of six potential Buy Strategies including:
- Stocks went above 52 Week High with above average volume.
- Stocks went above 52 Week High, price less than 10% above 50 Day Moving Average (50 DMA), with above average volume.
- Stocks went above 50 DMA with above average volume.
- Stocks went above 52 Week High, closing price is near high of day, with above average volume.
- Stocks went above 200 DMA with above average volume.
- Stocks with three or more buy signals.
The StockDomo.com human portfolio manager chooses a stock from among any of the buy strategy lists, and orders can be made for the next trading day including using market orders, limit orders, and stop orders.
The human portfolio manager can choose to watch a stock beyond the buy signal date and purchase the stock a later time. This allows different strategies including purchasing a stock on a pullback after a breakout.
All stocks were inspired by the StockDomo.com lists, except for MGTI, which is an OTC stock. However, even with MGTI, the human portfolio manager tries to use similar strategies.
When are the stocks sold?
The StockDomo.com human portfolio manager can sell anytime. Since the portfolio is mainly a swing trading portfolio, the StockDomo.com human portfolio manager tries to apply a swing trading strategy.
In a six month period in 2017, the average gain per trade is 4.12%, and average duration is 12.5 days.
Why are stocks sold by the StockDomo.com Human Portfolio manager?
- For any reason.
- If money is needed to get into a better trade.
- To take profits.
- To cut losses short.
- Stock is stagnating, and there is a better trade elsewhere.
Remember the Wall Street mantra: “Cut your losses short and let your winners run.”
You can create your own trading strategy, part time, after hours.
To create your own trading strategy, you can start with a special portfolio, and invest in 3-5 swing trading positions.
To choose a stock, research one of the six StockDomo.com buy strategies, analyze the stock, and place an order for the next day (market order, limit orders or stop orders to buy).
Whenever you want, you can sell any stock position, and you can optionally get back into a new stock.
Track your performance, learn from any mistakes, and continuously improve.