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How AlgoCloud’s Stockpicking feature made my portfolio results more consistent - AlgoCloud

How AlgoCloud’s Stockpicking feature made my portfolio results more consistent

If you’ve been trading for a while, you know that building a diversified portfolio can be challenging, especially when you’re working with only a few strategies. After discovering AlgoCloud’s stockpicking feature, I was able to improve my approach and strengthen my portfolio without the hassle of coding. In this article, I’ll share how AlgoCloud helped me achieve a more balanced portfolio and consistent profits by simplifying the entire process.

Before I found AlgoCloud, I felt overwhelmed by the need to create dozens of strategies to trade successfully across multiple markets. Many trading platforms require complex coding, making it difficult to quickly create and test strategies. I spent more time learning to code than actually trading.

Everything changed when I started using AlgoCloud. The platform’s no-code drag-and-drop editor allows you to visually create strategies without needing to write a single line of code. This simplified approach let me focus on the strategy logic rather than the technical programming details.

One of AlgoCloud’s most powerful features is its stockpicking functionality. Unlike other platforms where you need hundreds of strategies to diversify, AlgoCloud allows you to apply a few well-thought-out strategies across thousands of stocks. This made it much easier for me to achieve diversification without the complexity.

Currently, I run 10 strategies across thousands of stocks, and the results have been impressive. AlgoCloud automatically picks the stocks that meet my strategy conditions and executes trades. The platform even includes up-to-date data on U.S. stocks and ETFs, with adjustments for survivorship bias, so I know the data I’m working with is reliable.

Backtest Results of my 10 Stockpicking Strategies

During my demo tests, I saw a steady equity curve, and after three months, I decided to go live. In just six months of live trading, my account saw a 19% profit. I added four more strategies to my portfolio along the way, and AlgoCloud has handled everything efficiently. The best part is, I don’t need to manage the trades manually—AlgoCloud does it all, from picking the stocks to executing the trades.

Live Portfolio Equity Growth (January 2024 – July 2024) with 19% grow

AlgoCloud’s stockpicking feature has also given me peace of mind during times when the markets are down. Since my portfolio is diversified across thousands of stocks, it’s less sensitive to short-term volatility. I’ve even built strategies designed to perform well when other strategies struggle. For example, one of my strategies buys stocks during market downturns, filling a gap when other strategies are in drawdown.

Another important factor in my success is correlation management. In trading, minimizing the correlation between strategies is key to achieving true diversification. Thanks to AlgoCloud, I can easily check the correlation between my strategies to ensure that they’re not too closely linked. This has allowed me to build a portfolio where each strategy contributes to overall performance in its own way.

Correlation Between my portfolio strategies (Weekly)

Of course, all of this wouldn’t mean much without strong backtesting. AlgoCloud allows me to run backtests for my entire portfolio to ensure that my strategies are performing as expected over long periods. The backtests have confirmed the strength of my strategies and helped me make adjustments when needed.

Portfolio Overall Backtest

One thing I really appreciate about AlgoCloud is the team behind it. I’ve met the creators personally, and they’re not just developers—they’re traders who understand the real-world challenges we face. They’re constantly improving the platform, and they even have plans to integrate AlgoCloud with Prop trading firms, giving traders access to additional capital. That forward-thinking approach is why I trust AlgoCloud for my trading.

In conclusion, AlgoCloud has made it easier for me to build a strong, diversified portfolio without getting bogged down by the technical side of trading. Its no-code platform and stockpicking feature have allowed me to focus on creating strategies that work, and the correlation management ensures that my portfolio is balanced. If you’re looking for a way to manage your investments efficiently and reduce stress, I highly recommend giving AlgoCloud a try.