⚠️ Important Note: This simulation tests each symbol with its own $10K account (not pooled). Crypto symbols can show 40-75%+ fee drag due to high trade frequency.

Stocks are FREE on Alpaca, so the ~100 stock symbols have zero fee impact.

⚙️ Trading Strategy

20-day momentum, 5% threshold confirmation

Looks for stocks that have gained 5%+ over the last 20 days. Enters on pullbacks (red candles) within the uptrend and rides until target hit or momentum fades.

🎯 Best Suited For

Growth stocks, meme stocks

"Catch it early, ride it hard, bail before the wipeout."

📜 Why This Strategy Works

Momentum persists because of behavioral biases. Investors underreact to good news initially, then pile in as the trend becomes obvious. Momo catches the middle of this wave.

Mathematical Formula

CODE VERIFIED — These formulas are extracted directly from the simulation engine and verified against the source code.
Source: scripts/run-*-simulation.php

📊 Entry Signal

📈 Entry Signal

                        Momentum >= +5% AND Red Candle = TRUE AND Cooldown = 0                    

→ BUY at candle close

📉 Exit Rules

                        • TARGET: Price ≥ entry × 1.10 (+10% gain)                    

                        • STOP_LOSS: Price ≤ entry × 0.92 (-8% loss)                    

                        • MAX_HOLD: Hold time ≥ 20 days                    

⚙️ Simulation Parameters

                        MOMENTUM_LOOKBACK_DAYS:
                        20
                    

                        MOMENTUM_THRESHOLD_PCT:
                        5%
                    

                        TARGET_GAIN_PCT:
                        10%
                    

                        STOP_LOSS_PCT:
                        8%
                    

                        MAX_HOLD_DAYS:
                        20
                    

                        COOLDOWN_BARS:
                        78
                    

📖 Historical Origin

Origin: Jegadeesh & Titman's landmark momentum paper

In 1993, Jegadeesh and Titman published "Returns to Buying Winners and Selling Losers." Their data was irrefutable: stocks that performed well over 3-12 months continued to outperform.

🏆 Top 10 Performing Symbols (2 Years)

📉 Worst 5 Performing Symbols (2 Years)

📊 All Symbol Results

Click on any row to see detailed trade history with equity curve

📅 2 Years: Feb 14, 2024 → Feb 14, 2026 (731 days)

Rank	Symbol	Return	Start	Final Value	Trades	Win Rate	Fees	Net	Max DD	Avg Hold	Refunds	Last Refund
1	PEPEUSD ₿	+158.96%	$10,000	$25,896	265	49%	$107,404	+$15,896	-85.4%	1.2d	✓	-
2	ETHUSD ₿	+7.89%	$10,000	$10,789	51	53%	$2,945	+$789	-51.4%	6.3d	✓	-
3	BTCUSD ₿	+5.11%	$10,000	$10,511	32	50%	$1,936	+$511	-47.6%	11.0d	✓	-
4	DOGEUSD ₿	+2.54%	$10,000	$10,254	147	50%	$11,304	+$254	-66.7%	2.3d	✓	-
5	SHIBUSD ₿	-4.08%	$10,000	$9,592	136	47%	$27,599	-$408	-89.5%	2.4d	✓	-
6	SOLUSD ₿	-21.30%	$10,000	$7,870	84	48%	$6,109	-$2,130	-62.3%	4.6d	✓	-
7	XRPUSD ₿	-24.81%	$10,000	$7,519	91	47%	$7,354	-$2,481	-76.6%	3.7d	✓	-
8	DOTUSD ₿	-61.67%	$10,000	$3,833	87	44%	$4,043	-$6,167	-76.0%	3.3d	✓	-
9	AVAXUSD ₿	-69.14%	$10,000	$3,086	102	43%	$3,891	-$6,914	-79.6%	3.3d	✓	-
10	LTCUSD ₿	-71.52%	$10,000	$2,848	83	43%	$3,184	-$7,152	-80.3%	4.2d	✓	-
11	LINKUSD ₿	-74.17%	$10,000	$2,583	93	40%	$3,463	-$7,417	-82.2%	3.4d	✓	-
12	UNIUSD ₿	-77.10%	$10,000	$2,290	132	42%	$6,276	-$7,710	-83.6%	2.6d	✓	-

👤 Personality

Lives for the rush. Talks fast, thinks faster. Gets bored if a trade takes more than a week. Has ADHD but considers it a trading advantage.