HKSE Ichimoku Stock Scanner Monthly Performance Analysis – 201401

First of all, it’s not a complete trading month. The portfolio was set up in the second week of January 2014 and the performance experienced several ups and downs. Losses were recorded in a few days during a major downturn of the local stock market. Hang Seng Index plunged over 1,000 in just 3 days.


As evident by the completion of the Head-and-Shoulders pattern, the Hang Seng Index is expected to be moving further downward with my projection down to 21,000.


Anyway, the portfolio of the first month of the Ichimoku Stock Scanner is not bad even though the return seems small. In mid-January I’ve changed the algorithm and filtering criteria a bit with an expectation of capturing the strong stocks (regardless up or down) faster and establishing position earlier. Therefore you’ll see the number of stocks scanned was suddenly burst. Many improvement opportunities have been in my mind, I’ll gradually and continuously tweak the stock scanner for a higher return rate on the road forward.


Happy trading!