themdtrader
Education

Paper Portfolio vs S&P500 - Update #1

AMEX:XLU   SELECT SECTOR SPDR TRUST AMEX UTILITIES SELECT INDEX
This is the first update for the video series here to grow the paper portfolio on TradingView in an attempt to beat the 'S&P index real time. Normally, I will compare the portfolio to the market, talk about weak vs strong stocks and sectors & go into what I will be changing moving forward. The portfolio has been able to get ahead of the general market and below are the specific percentage changes if they weren't clear in the video:

AUGUST 2018
Portfolio = +1.83%
'S&P Index ('SPX) = +1.36%
'SPY ETF = +1.57%

So far there is only a small difference between the market and the portfolio, but with adjustments and the market moving however it wants to, the changes should be expected to be more different over time. In general and in brief, my process of dealing with my portfolio according to my trading strategy is to check the health of my portfolio to determine where weakness is coming from, then run a stock screen according to my very own specific criteria to pick out the stocks that have high chance of performing very well, and finally an analysis of the market sectors to make sure changes I make will make sense.

So this time around my portfolio suggested reducing exposure to stocks in Energy, Financials and Industrials. My stock screen, compared to the previous stock screen run at the beginning of the portfolio, suggested reducing exposure to stocks in Energy, Financials, Technology & Utilities and increasing exposure in Basic materials, Consumer goods, Healthcare and Industrials. The market sector ETFs from the video also echoed a similar idea, and so the orders will be placed for Monday. I am considering putting more weight in the stocks that have a better chance of doing well than before but we will see what happens over the next month.

Again this is will not be a one time "get rich quick" process with excessive risk-taking or gambling, but a more disciplined approach to trading. It takes some work and it can be tough to maintain discipline, but after a while it becomes routine. Again, monthly updates on the current state of the portfolio will be continued and the next one can be expected to be made on 10/06/18 (1 month from now) and every month from that point onward.
Starting capital - $10,000
Risk per trade - 1%
Max. positions at a time - 20
Investment style - Equities long only (no short-selling, only stocks >$7, technical analysis > fundamental analysis )

The stocks shown will not be shown as investment advice but rather shown as a form of education only. Comment on what you would like to see or hear more about!
Thanks and stay tuned (will try to keep videos not too long)!
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