I have been on this website for about 10 months now. Many here may be aware that I am Canadian and that I have a different brand of Technical Analysis.
I have had a reasonably successful thread on this section called Underexposed Technical Analysis. I started that thread with the objective of teaching my brand of TA. However, after a while I realized that, why should someone learn a form of Technical Analysis that in their eyes is unproven and not seen before.
So I decided to create a FANTASY portfolio of American Stocks in which decisions are announced before hand and if the stock price drifted through my announcement then I would assume my order was filled. For example, if I said I would buy 100 shares of stock ABC @ $10.00/share and time stamped that order. If the share price afterward when from $10.25 to $9.90 then I would assume my order would have been executed. I try to keep the transactions as accurate as possible but spending monopoly money... not real money.
I chose to make the portfolio there a USA stock portfolio since most people on this site are interested in American stocks. Over 8 months the portfolio would have made 11% as of mid December/2017. Since the average return for a long term investor is between 7% - 15%... so I am on track to beat that average.
But I am personally interested in Canadian stocks for the most part. The Canadian marketplace is VERY different from the American market... I will discuss that at length in future posts. I shall give myself $100,000.00 of Monopoly money and see what I can do with it.
I am certain that this will improve my own real portfolios... One tends to get into a rut when it comes to trading, I find. I want to get out of that Canadian rut that I carved for myself. My success with the USA portfolio comes from the fact that I have spent more time on that portfolio than on my real portfolios. I expect that the creation / maintenance of this Canadian FANTASY portfolio will help me in my real portfolios.
I encourage participation in this thread... but I will stay on message and will discourage discussion on non-topic issues. Co-operation and civility is the byword here. I look forward to an interesting thread.
Underexposed |
