Hi @Prashant-Shah
Like a lot of your followers, I am super impressed by your vidoes on Momentum Investing. Thanks for all your efforts!
Few queries
1 - your strategy seems to be tied up with ATH/52 week high. Have you considered there might be stocks in momentum but far away from ATH/52week high? E.g. strong quarterly results. If so , please provide more options in the scanners you think can work.
2 - Do you think we should pryamid our winners? Can I add more funds to the winners? Or while rebalancing, instead of adding new securities, just distribute the balance amount to the winners
3 - I am wondering how I can add a fixed amount every month to my portfolio , similar to a SIP. Basically I want to start small ( say with 1L, test the waters, get comfortable with a process & then add more money) . Look at 2 scenarios:
a) Lump-sum top up to a running portfolio
b) SIP like behaviour , say adding 1L every month
4 - Can we consider changes to number of stocks held depending upon market conditions. Adding more stocks (20--> 30) in bull markets
5 - I am awaiting backtesting feature for such strategy changes, I am not sure whether the current Rzone backtesting module will be helpful in testing. Please advise
Thanks