The Reverse Scale Strategy

"Cut your losses, let your profits run." That is the main philosophy on which I run my weekly trades. And no other strategy is ...

Saturday, December 14, 2019

Week 12

A positive week, with this our overall portfolio gains, is at 67%. MANAPPURAM is at a gain of over 20% at the end of week 11. Still, none of the stocks have hit neither the positive milestone nor the negative milestone, as such, we do not have to take any action whatsoever.

An overall gains of 67% and just 7 out of 19 stocks being in the red is just proving the effectiveness of the strategy so far.

The portfolio as of now:

This week we had 3 new picks for our portfolio: DIVISLAB, HDFC, SRF.

However, due to our new rule of not having more than 20 stocks, I had to pick only two among these. I chose to pick HDFC as it is a large-cap stock and also a part of the NIFTY 50 index it is comparatively "less risky". As for the other pick I randomly chose DIVISLAB for my final pick.

With these new additions our portfolio is now completed with 20 stocks, and looks like this:


With this, I conclude this week's rant.

For information on how I pick the stocks please refer to this.

The google sheet for the above portfolio can be found here.

Hoping for the best performance by our selected stocks.

Happy week everyone.

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