1) Can you explain Gross loss in the second strategy? (it
appears that your sales prior to opex week in resulting in a
realized loss). Given the gross loss, it appears that it's better
to buy on Monday after opex to increase gross profit (rather than
selling on Friday before opex).
2) Does the strategy work in 2022 (in a down year)?
Remember there's only a gross loss because every month you are
exiting the position and buying back after OPEX, and in doing so
the strategy will compute that as a new entry - thus the next exit
could be at a loss. For the buy and hold you only have 1 entry and
I added the exit manually today just to so the final
total.
the stats start from Jan 1st 2020 so they include 2021
for 2021 the buy and hold lost -19%, while staying out of OPEX
lost -3.7% - so while it lost it was FAR better
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That's awesome Matt. I have
I confirmed the OPEX stats from that graph!
Posted by coolhat on 17th of May 2023 at 06:53 pm
That's awesome Matt. I have two questions:
1) Can you explain Gross loss in the second strategy? (it appears that your sales prior to opex week in resulting in a realized loss). Given the gross loss, it appears that it's better to buy on Monday after opex to increase gross profit (rather than selling on Friday before opex).
2) Does the strategy work in 2022 (in a down year)?
Remember there's only a gross
Posted by matt on 17th of May 2023 at 07:02 pm
Remember there's only a gross loss because every month you are exiting the position and buying back after OPEX, and in doing so the strategy will compute that as a new entry - thus the next exit could be at a loss. For the buy and hold you only have 1 entry and I added the exit manually today just to so the final total.
the stats start from Jan 1st 2020 so they include 2021
for 2021 the buy and hold lost -19%, while staying out of OPEX lost -3.7% - so while it lost it was FAR better