QUANT SYSTEM TRADE UPDATE - 11.10.23
- Capt D. Ganesh Raja
- Oct 12, 2023
- 2 min read
From the desk of Capt.D.Ganesh Raja DATE: 12.10.23
DISCLAIMER
Please be informed that the author of this blog by Capt Ganesh Raja Dhanuskodi (Hereinafter called Capt Ganesh) is not a SEBI registered Research Analyst or Financial Advisor. Capt Ganesh writes this blog to express his views based of more than two decades of experience in capital markets and based on the Quant system which he has invented and he does not do this for “consideration” as per SEBI regulations, which means he does not receive economic benefit through it. Readers of this blog must seek advice from registered Investment Advisors / Research Analysts before taking any trading or investment decisions.
Capt Ganesh has been investing and trading actively since 2001, building trading models since 2013 and has invented an AI based intraday trading system, which has a pending patent approval.
Dear Friends,
This post is just to inform the system has given exit in the following stocks / indices. Leverage is an integral part of the system and when system indicates deleveraging, it prompts where the reward to risk is the least:
1. NASDAQ COMPOSITE: Last close – 136859.68. System triggered at these levels, generating absolute returns of 16.99% since 20.03.23. This is not great but respectable in about 7 months’ time.
2. DJIA: Last close – 33804.07. System exit triggered at these levels, resulting in absolute loss of 3.59% since 29.06.23.
3. DJ WORLD INDEX: Last close – 505.89. System exit triggered at these levels, generating meagre profit of 0.08% since 11.06.23.
4. TATA COMMUNICATIONS: Last close – 1833.40. System triggered at these levels, generating absolute returns of 15.84% since 29.06.23.
From existing leverage of 2.95, now the leverage is 1.85.
RETURNS TILL DATE SINCE 04.07.20 : 104.24% (AS OF WEDNESDAY 11.10.23 CLOSING)
LEVERAGE FOR EXISTING TRADE RECOMMENDATIONS: 1.85
LEVERAGE FOR NEW TRADE RECOMMENDATIONS: NA
TOTAL LEVERAGE: 1.85
ASSET ALLOCATION PROFIT POTENTIAL FOR NEW TRADE
RECOMMENDATIONS: NA
TIME PERIOD OF TRADES RECOMMENDED : 15 DAYS TO 3
MONTHS.
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