Trade Ideas Blog

“Putting On The Breaks” Leads 8 Algos, 3 Short: Holly Morning Huddle

Sep 20, 2017

“Putting On The Breaks” Leads The Daily Regime of Optimized Algorithms

Good morning.  Putting on the Breaks, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”

As of today, Wednesday, September 20, 2017, the return from my trading performance since January 1 stands at +76.7 accumulated profit points vs the benchmark SPY’s performance of +26.4 points over the same period. On Tuesday my performance was higher +1.0 in Risk-Off mode (shown above). Risk-Off mode is where trades are not extended and exits are bounded by predetermined time in trade limits absent other reasons to exit (e.g., price target or stop loss reached, etc.) On Tuesday. the SPY was up +.3. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +.8 points.

8 stocks traded yesterday: 8 long stocks traded in the following sectors. 1/2 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
SCMP L Manufacturing Pharmaceutical and Medicine Manufacturing
WLK L Manufacturing Petrochemical Manufacturing
HMHC L Educational Services Educational Support Services
WIFI L Information Other Telecommunications
RACE L Manufacturing Automobile and Light Duty Motor Vehicle Manufacturing
ASYS L Manufacturing
SKYW L Transportation and Warehousing Scheduled Air Transportation
ZAGG L Retail Trade All Other Miscellaneous Store Retailers

Today’s a new day and I am prepared for the market open with 13 themes/strategies I determined overnight will best match what the market throws at us. I may or may not use all these intraday strategies depending on whether or not all the criteria for each are satisfied.

Of these 8 strategies selected today 5 are Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The Putting on the Breaks strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.

Here are the algos:

No. Test Win% Strategy L/S
1 62.2 Bon Shorty Short
2 60.4 Buyers Stepping In Long
3 60 Cuts Like a Knife Short
4 62.8 Early Bird Long
5 59.5 Little Big Guy Long
6 65.5 On Support Long
7 69.4 Putting on the Breaks Short
8 63.7 Quarterback Long

Have a great morning. See you in the markets!

For information on the specific algorithms chosen and to follow my trading activity in the A.I. Channel, download the latest release of Trade Ideas Pro. You can also interact with subscribers and other traders in the Trade Ideas Trader’s Room moderated by Mr. Barrie Einarson, live during market hours. You can also follow me on social media at @TradeIdeas.

“Inquire about sponsorship opportunities for this series at info@trade-ideas.com.”

Best regards,

Holly

Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence