Good idea. I didn’t see this until this morning (1/5), but I went back in and manually edited the Buy transactions to reflect the 1/3/17 open (and the appropriate number of shares to have been purchased).
I was without Internet from Christmas until now (I was in Cuba) so I didn’t set up a live port. Should I do so now and if so how do I “manually edit the buy transactions to reflect the 1/3/17 open”?
Yuval - You should start a port today with no stocks in it. Then go to transactions and select manual buy/sell. Enter the prices from Tuesday morning. You can get the prices from Yahoo or wherever. Or just start the port today.It isn’t the end of the world if you miss a few days.
Interesting to use all those stocks in an in-list and selecting the 10 highest ranked using Greenblatt ranking system. Beats all individual ports with a 14.4% return over the last 3 months. Let’s see how this works over the next 3 months.
Congratulations are due to Derek (Burd4), who has pretty much dominated this contest from the beginning. I don’t know how he picked his stocks, which were almost all microcaps, but my guess is that he paid attention to the standard sentiment and size indicators, TTM growth in earnings and/or free cash flow, price momentum, free cash flow to enterprise value (or something similar), and maybe the free cash flow to assets ratio.
Ty for the kind words. Simple buy rules
indWeight < 15
MktCap>=20 and MktCap < 350
AvgDailyTot(60) >( 50 * 1000) #AnalystsNextFY > 0
Close(0) >1
Float > 2
Ranking system mostly value, 25% technical. I have to say excellent job with your guess. The size effect tends to outperform but is hard to trade in real life. I back tested this system and it averaged 30% yr with 1 year rebalance.
We have learned a lot in 2016 & 2017 on stock picking with help of p123 and community contest.
If we able to pick good liquid stocks manually for 1 year holding, it will build confident on our model design and our investments with money.
I start to stalking/screening for 2018 best 20 stocks competition with minimum avg 1 million volume.
believe, we need to spend 2 to 3 weeks hard work to pick the stocks; Christmas holiday and New Year time everyone busy with family and vacation.
So, I suggests to start screening now itself for the 2018 top 20 picks competition.
I also suggest to keep reasonable liquidity as everyone in p123 will get benefit from your hard work and successful ideas for 2018.
Also, spend time with our last year picks and analyze winners and losers; there is some lessons with winners to keep, there will be more lessons from loosers; how to avoid for next 12 months.
As P123 community, we will learn and grow successfully in positive direction on everyone contribution and hard work.
Imagine as we are money manager with 1 million dollar, now work with required steps and how to protect and grow our life time wealth for next year 2018. so, we will think more and more and will come-up with best 20 stocks,
There is no undo command in investments.
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P123 Staff, Please, help
BGB and NXPI symbols are missing at P123 from Jan 1 2017, Any help how to fix.
In Finviz tracking it is presents.
I very much would like to keep the same rules as for last year. I invest only in low-volume stocks, you invest only in high-volume stocks. There’s room for both of us. So let’s keep the same rules: minimum price $1.00, minimum $50,000 ADT(60), minimum float 2 million. When you’re holding a stock for a whole year, slippage and transaction costs aren’t really problematic.