hi @visuarchie sir and other contributors on this thread,
First of all thanks a lot for sharing your valuable knowledge.
I have two doubts.
- Once you come up with a stocks to pick as per momentum strategy, how does the individual stock price effect your allocation ? for example in recent list you have BASF which is currently at 8200. So if I think of doing a monthly 10000 or even 50000 investment I can’t pick BASF as it’s stock price is more. Even if I think of buying it and if we follow equal allocation to all stocks, just because of BASF I may have to buy each other stock in selected portfolio worth 8000. How do you handle such cases while investing ?
- What’s your view on yfiinance (which is a python programming package) which is dependent on yahoo finance. I am a software developer so I am thinking of writing python code with the similar logic using yfinance to create portfolio. But I read it other places in Valuepickr, saying the data is not reliable or uptodate.
Thanks,
Bhagath.M
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