It's easy to find my thread and update the performance regularly.
The market decided to make the U-turn, the performance continue to slide further to 2.02% as of 23 Oct.
Time like this tested our psychology and we must always believe that the systematic strategy should outperform that impulse/irrationale trading/investing.
Do share your strategy/view and we could learn from each other.
Received weekly rebalance email. Great that it's automatic.
Ivan, the buy quantity is 0, but why the weight is 0.5%. Small issue.
Understand the quantity is round up. Perhaps you could put into "ToDo" list to allow for fraction lot adjustment since Interactive broker allows for fraction lot, for example 0.01 unit.
If the price goes up significantly and causes the weight of the ETF to be more than 20% above its target weight, you will get an order to sell some of your ARKG and buy some of your other ETFs such as ARKW to rebalance the portfolio back to its target weight of 20% per stock.
From the screenshot, the price of ARKG went up, resulting the proportion of this stock is more than 20% (as compared to original intention of 20%, equal weight).
What should I do next week to rebalance it to equal weight of each stock to be 20% assuming the price stay the same. Your view?
