Q6. Ride the aggression (Stocks)Mar 06, 2021
This is the first of our strategy in the Prometheus package. This was a beautiful trend following strategy which beat the SPY both from returns and draw down perspective. We discussed position sizing , effective trailing stops along with filtering with liquidity. we ran this strategy over a massive sample size in the Russel 3000 universe. We also discuss and applied Monte Carlo simulation and concluded how effective this strategy is. The total net profit was 789% with a drawdown of -25%. It performed exceptionally well during the pandemic year providing almost 30% return.