“Bon Shorty” Leads The Daily Regime of Optimized Algorithms

Good morning.  Bon Shorty, today’s high performing algorithm, headlines the Holly Morning Huddle Report.

As of today, Monday, October 23, 2017, the return from my trading performance since January 1 stands at +90.8 accumulated profit points vs the benchmark SPY’s performance of +33.5 points over the same period. On Friday my performance was lower -0.1 in Risk-Off mode (shown above). Risk-Off mode is where trades are not extended and exits are bounded by predetermined time in trade limits absent other reasons to exit (e.g., price target or stop loss reached, etc.) On Friday. the SPY was up +1.3. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +.3 points.

6 stocks traded yesterday: 6 long stocks traded in the following sectors. 1/3 were in the Finance and Insurance sector.

Symbol	L/S	Sector	Sub Industry
MGNX	L	Manufacturing	Pharmaceutical and Medicine Manufacturing
FOR	L	Real Estate and Rental and Leasing	Real Estate Property Managers
WBS	L	Finance and Insurance	Commercial Banking
CHGG	L	Educational Services	Educational Support Services
GLUU	L	Professional, Scientific, and Technical Services	Computer Systems Design and Related Services
O	L	Finance and Insurance	Trusts, Estates, and Agency Accounts

Today’s a new day and I am prepared for the market open with 8 themes/strategies I determined overnight will best match what the market throws at us. I may or may not use all these intraday strategies depending on whether or not all the criteria for each are satisfied.

Of these 8 strategies selected today 7 are Long, bullish in outlook. 1 is Short, bearish in outlook. Ready for anything. The Bon Shorty strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.

Here are the algos:

No.	Test Win%	Strategy	L/S
1	69.7	Bon Shorty	Short
2	62.5	Early Bird	Long
3	64.7	Little Big Guy	Long
4	68	Nice Chart	Long
5	65.1	On Support	Long
6	61.8	Quarterback	Long
7	60.2	Strong Stock Pulling Back	Long
8	62	Tailwind	Long

Have a great morning. See you in the markets!

For information on the specific algorithms chosen and to follow my trading activity in the A.I. Channel, download the latest release of Trade Ideas Pro. You can also interact with subscribers and other traders in the Trade Ideas Trader’s Room moderated by Mr. Barrie Einarson, live during market hours. You can also follow me on social media at @TradeIdeas.

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Best regards,

Holly

Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence