AVGO is always an easy decision for me -- long at 246.86

6월 6일

In addition to being at the heart of AI and having margins north of 70%, AVGO has done incredibly well with my algo. 381-0 with an average return of 1.71% in an average of 7 days - a .244% per day return, about 4x the average daily market return. However, adding the new filter I've been using ups that number dramatically. In the last 2 years, in 39 trades, it's 39-0 with an average return of 2.24% and an average of 3.6 days held. That's .63% per day or almost 15x the daily average return of the market.

Only 6 of those 39 trades took more than one week to close and none took longer than a month. Only 10 of them made less than 1% and 7 made more than 4%. Combined with the fundamentals, the uptrend it's in, and the fact that it's sitting right on support makes the reward to risk ratio VERY high for me.

The exit strategy Is FPC if the return is large enough, but not necessarily a FPC.

As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.

6월 9일

노트

Added another lot just before the close at 244.12.

Lots currently held

Lot 1: 246.86
Lot 2: 244.12

6월 11일

거래청산: 타겟 닿음

This is why AVGO is always an easy decision for me. Sold both lots today at the close for 252.91, for gains of 2.42% and 3.6% in 3 and 2 days, respectively.

6월 11일

노트

Trade summary for my records

Wins 2
Losses 0

Avg gain per lot = +3.01%
Avg holding period per lot = 2.5 days
Avg gain per lot per day = +1.20%
Annualized RoR = +1.20% x 252 = +302%