www.robotpickedstocs.com

Here are a selction of stocks picked by software for short term trading on 7 July.

The detail about how it works is at : -

http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=1008

If you have any comments or suggestions (helpful ones) then please post them here.



AHT, BPG

www.robotpickedstocks.com

I can see that.

Like I said above, it seems a decent momentum system, but if it picks up volume spikes then it is well-founded.

I was interested in the MGCR pick the other day. I watch that stock a lot and actually went short at resistance. It proved correct, but that doesn't matter much.

Does it also look for new highs breaking out (or lows for that matter) on good volume? Not trying to do a granny and eggs thing here, but just interested.

Not specifically. It makes many measurements on all the LSE stocks and dumps them all in a file. It looks back over a time period and picks out stocks that have performed well over a few days. It then looks at the measurements of those stocks. It tries to find the factors that were significant in those stocks rising and produces a scoring model.

It then applies the scoring model across all the measurements it took at the start for all stocks and choses the ones with the highest scores. There are a few other bits and bobs that it does and there is an element of learning in the system.

It back tests the scoring model against the previous couple of years and looks at how much money the system would have made. On occasions it runs again and alters the scoring model. I have 5 different versions of the software with different biases and compare the results. The software picks more than 2 stocks per day and I usually just post the two with the smallest spread.