Statistics don’t care about opinions.
Overnight Edge in SPY: A Simple Close-to-Close Strategy
Here’s an overnight strategy that will be presented next month (for our paying Annual and Platinum subscribers).
Lessons From Jim Simons’ Secret to Success for Retail Traders
Jim Simons’ Secret to Success
Jim Simons built systems that identify hundreds of small statistical anomalies. Each one, on its own, they are very small.
Together, they become powerful. This is an approach every retail trader should embrace, but at a much smaller scale.
Are You A Coder?
We’re currently expanding and looking for skilled coders who can help bring trading strategies to life.
If you have experience turning ideas into robust, backtestable systems, or enjoy working at the intersection of trading and development, we’d love to hear from you.
👉 Interested? Reply to this email or reach out to us to indicate which platform you can code on.
Backtest of the Week
US Tax Day generally falls on the 15th of April, unless it falls on a weekend or holiday.
Below are just two examples of why Tax Day could affect the stock market:
It gives incentives to realize losses to offset gains in other stocks.
Investors and traders might take out capital from the markets to pay taxes.
Trading rules:
We buy at the close of March and sell on the 15th of April or the next trading day (sell at the close - S&P 500).
📊 Results:
🔢 #trades: 65
📈 Avg gain per trade: 0.9%
✅ Win Rate: 61%
Strongest first trading days in April on record for Nasdaq 100
The pattern points to a pause. Does QE have a habit of rewriting the script?
After a sharp drop, the S&P 500 is nearly back at record levels
Big VIX drops have been a solid tailwind for stocks one year out
Strategy Bundles
Did you know that we offer strategy bundles? If you want to dip your toe in the water, this might be the perfect option.
PS: You can buy bundles for a substantial rebate before the 2nd of December (Black Friday sale) - please see the top of the email.
Here is the “beginner” bundle for S&P 500 (SPY), which contains 4 strategies (several years out of sample results):
📊 Results:
📈 Avg gain per trade: 0.7%
📊 CAGR (annual returns): 13%
✅ Win Rate: 74%
⏱️ Exposure: 27%
⚠️ Max Drawdown: -23%
Best,
Oddmund Groette & Håkan Samuelsson
P.S. We appreciate the support! It means a lot!
(If you want to look into our premium tools, feel free to browse here.)