Role of Automation and Technology in Investing Business
“The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.” ~Bill Gates Today I want to talk on, How I have applied (Semi) Automation in my trading and Investing to manage more than 150 stocks in the portfolio. The whole process is divided in three parts, (a) Identifying Stocks to Invest (b) Verifying their Corporate Governance Standards (3) Periodic entry and exit in terms of Price movements for profit booking. (a) I use Smart Money Tracker Report which is generated after ranking high momentum stocks based on price, delivery volume and time weightage for past one year data that gets derived from approx. 2500 stocks from 5000 instruments being traded in NSE in last one year. The dataset is approx. 6 lakh (0.60 million) records. (b) I use web search to look for any scams in the past for all the stocks that have