Can "Promising" darwins be used in a similar way as "hot stocks” in an investment portfolio?
If so, Can ten picked “promising” darwins out-perform my “Trade what I see” darwin MLT?
I am trying to compare my darwin performance with the closest thing to my trading philosophy which I call “Trade what I see” in darwin investing by selecting darwins in the Promising category.
The thought process is quite simple, how can a person like me without much exposure in portfolio management get a foot in. How can I take advantage of the tools so kindly provided in the platform and use them similarly as many stock investors use stock scanners?
I believe filters such as promising and I also suspect that both on fire and trending filters in the investor platform, can all be applied in the same way as stock scanners are applied to filter stocks that are shining in the most recent market cycle.
Conditions for entry into the portfolio.
Pick the first ten listed darwins with the highest D-Score at the beginning of each month in the Promising category.
Rules to keep them in the portfolio:
Darwins must must be kept in the portfolio for a minimum of one calendar month.
If by the end of each month, a darwin in the portfolio is no longer part of the promising category top 10, the darwin is then dropped and replaced by another that is now part of the top ten in the list.
What are my expectations?
To find out whether by picking Promising darwins in the end of the month, a portfolio can actually grow.
To measure how effective my “Trade what you see” trading idea compares against darwins which best represent changes in the market month by month.
To experience portfolio management for the first time and to help me build an investor mindset.
I will keep updates on perfomance by the end of each month.
Thank you for reading.
So far out of curiosity, backtesting is showing a tie at around 7% return since January!.