Category: Trades
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Documentation of May 12 trade
Sold AEV at P49.90 for a loss of approximately 1.40%. Bought ALI at 29.65 TP @ P32.50. Rationale is the high value traded of P400+ million and high accuracy rate of 98+% Comments: Algorithm is designed to capture trader’s behavior and external information such as news of new president sitting should already be captured by…
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Trade for May 12, 2022
Amended target price for AEV from P52.80 to P51.65. Rationale: Volume trade for AEV is volatile For future improvement: To trade companies not less than P150M of value traded
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Trade for May 6, 2022
Failed to buy ALI at P32. Placed off-market BUY order @ P50.60 with TP of P52.80 Rationale: Entry price is 98% of recent close as forecasted price is higher than actual based on backtesting. Value trade of P100 million and accuracy of above 95% is a good indicator that forecast may follow through.
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URC trade and trade for May 5, 2022
Sold URC at P108. Total cash stands at P81 K: Placed off-market BUY order for ALI at P32 TP @ P33.40 Rationale: Accuracy of 97% and value traded of above P200 million
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Error in trading URC
Able to BUY URC at stated price yesterday but was not able to post a SELL order at P108 upon purchase due to technical difficulties (was on the road). Will try to salvage the trade by posting an off-market SELL @ 108.
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Trade for April 29, 2022
Failed to buy AP at 32.30. Posted off-market BUY order for URC at P105.70 TP Rationale: Value traded of 200+ million and accuracy of 95%.
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Trade for April 27, 2022
Posted off-market BUY order of AP @ P32.30 TP P33.10 Rationale: Volume traded is above P100 million and accuracy is 98+%.
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Feb 14, 2022 trade
SOLD DITO at P6.16 below the target price I initially set here. Current cash position is shown below and Portfolio data are update accordingly: Comments: Will work on improving the algorithm to also include 1st day and 2nd day forecast in addition to the 3rd day forecast.
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Trade for Feb 10, 2022
SOLD NIKL at entry and target price stated here. Placed off-market BUY order for DITO @ P5.90 TP P6.30 Rationale: Value traded of P150M+ and accuracy of 97%.
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Update on forecast table and trade for Feb 9, 2022
Failed to buy ALI today Posted off-market BUY order for NIKL at P6.30 TP P6.46. Rationale: Volume of above P100 million and accuracy of 98% Update: Updated Forecast page to use 1 day ago forecast as “2nd day forecast” and 2 days ago forecast as “1st day forecast”.