Member Info for OWLS

RWT2, my strategy is based on momentum investing and is a strategy I have developed over many years. My initial selection is based on momentum over the previous 1,2, 3 or 6 month periods. I have analysed various time periods for holding the shares and 12 months proved to be the optimum. I don't know why it works but it does !
Best current performers are SDRY (181%), FXPO (117%) and DRX (76%). Worst current performers are FRES (-31%) and POG (-29%). Currently SMT is up 11%.
It is quite a volatile strategy (my portfolio was down 30% when the pandemic hit) so I ensure that I don't have more than 5% in any particular company or 10% in any particular sector.
As regards active fund managers I think I read somewhere that 90% of them under perform the market.
I have bought SMT purely based on momentum, I have no idea whether it is a good investment based on other factors.

Not a very good move REPPYRR

What does that mean ?

Everything is obvious in hindsight.

"Looks like the last chance of buying at sub £20 is about to disappear."

Obviously not. This could yet fall a lot further. However when it does turn hopefully the rise will be substantial.

But it's not funny, it's just stupid.

I make profits on about 2/3rds of my investments, I certainly don't hold on to them just because they have made a loss, I hold for 12 months and then sell, whether they've made a profit or a loss.

Still well above the 200 MA which is the main investing trigger.

I don't quite understand SHAWZ 90p by 3pm nonsense, I assume he thinks he's being funny, in fact he's just being irritating.

If you are shouting at your screen then you probably need to diversify your portfolio a little so that you are not reliant on one sector.

I hold my momentum stocks for 12 months and then sell, even if they have lost money, this works very well for me.

The beta is 1.09, which is not especially high.

I live off my investments so I have to sell every now and again.
You have an unrealised loss rather than a realised loss but it's still a loss. Basic accounting principles I'm afraid.

If you'd been buying dips since it was over £14 you'd have lost a fair bit of money.

I don't think it works like that. Most day traders lose money.

But GUSTO you "knew" it was going to double in price so why sell ? You told us to "hold for gold".

What is up with you guys, it's up 300% in less than a year and you are whining when it drops less than 10%.

Terrible company. They increased my mother's boiler cover by 30% to £60 per month. I have cancelled the cover, it is a rip off.

Yep, it's been an excellent investment, glad I ignored those on here saying it would never pass £3.

SOTOLO, you are either very rich or not very well diversified,

OCDO has been a very successful investment for me in the past but I have tended to buy it when it is in an uptrend. When it falls it can be quite dramatic, over 50% in 2012, 2014 and 2016.