Just attaching an algorithm that does what most robo-investing sites do; but does so for free:
The algorithm also places limit orders at the 10 day moving average to take advantage of small dips as you continue to invest. The portfolio is one of those suggested by Wealthfront.
It also has an option to utilize Robinhood gold if you have it.
Perfect use of 100% initial capital and without going over (no margin) and thus that returns curve is accurate. Now with Robinhood Gold in mind, can deliberately go beyond and into margin? This will show you returns proportional to the amount invested.
Thanks Blue for the check!
One of the main reasons that this doesn't go above a leverage of 1 is my
buy_longs()
function. This looks to calculate what the available cash is, and appropriately put it to work to buy the asset classes/ETFs that are under-represented. By placing limit orders we prevent any price slipping away from us that can happen when folks use the
order_target_percent()
function. It also prevents rounding issues that can happen with that function and smaller accounts. Full disclosure though, I do use the
order_target_percent()
function to sell stocks/ETFs for tax loss harvesting or reducing the ones that have grown to be overweight.
This approach is also helpful for individuals who will be contributing money to the account on a frequent basis - this is constantly checking to make sure it puts your capital to work!
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian.
In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.
