I trade longer term mechanical trading systems exclusively on the ASX. I rarely look at daily charts and the systems are built using weekly timeframes. The information in this site is based on actual trades in real portfolios. I don't trade using margin or any sort of leverage. I mainly use Amibroker for system testing and trade monitoring. I am not selling anything. This is just a journal to record where I have been and, just maybe, where I am going.
Thursday, May 10, 2007
Small Caps Rule! (and another sell)
Out of Oakton on a profit exit (140% gain) - but it doesn't appear to be slowing down.
The Small Ords index has outperformed the All Ords by around 10% over the last year. Many people focus on stocks they know, many of them in the top 100. The biggest gains are in stocks outside the top 100 (ASX100) - those stocks we probably haven't heard of until they pop up in a scan of the entire market.
Stevo
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