Momentum investing
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How long funds can we keep in mometify
Lets say i started strategy with funds if stoploss hits before rebalance day
How long Amount will be in momentify? or it gets credited to bank?
And can we add funds in existing strategy? -
You are mixing two different things. Momentify platform suggests that which shares should be sold and which one should be bought. Once we confirm it (after getting email notifications) Momentify sends these details to trading platform. Sales proceeds of SL triggered shares would be lying in the trading account and you can take appropriate call for withdrawal of the funds. Momentify will continue to suggest for buying new shares on the next rebalancing date irrespective of the fact that your trading account has sufficient balance or not. I mean if you give confirmation to the re balancing and trading account doesn't have sufficient balance, some of the trades would be rejected.
