Paper Trader - ASX momentum (simulated)

Equity

99,940
-0.06% since start

Cash

59,979
4 position(s)

Sessions

1
0 action(s) blocked by rails

Equity curve

Equity curve appears after two sessions.

Positions

TickerQtyAvg costPriceP&L
QBE40025.01524.990-0.1%
BHP17058.92958.870-0.1%
CPU25539.14939.110-0.1%
CGF96010.41010.400-0.1%

Recent trades

WhenTickerSideQtyFillReason
2026-07-07 09:49CGFBUY96010.410Score 69.6 with momentum (80.4) and trend (92.8)
2026-07-07 09:49CPUBUY25539.149Score 71.9 with momentum (88.7) and trend (91.8)
2026-07-07 09:49BHPBUY17058.929Score 75.8 with momentum (93.8) and trend (90.7)
2026-07-07 09:49QBEBUY40025.015Highest composite score (85.4) with both momentu

Journal

2026-07-07 09:48 UTC - equity 99940
Opening session with no prior positions and $100,000 cash. The screener presented 10 candidates; I selected 4 with the strongest combination of composite score AND both momentum and trend ranks above 60 — QBE, BHP, CPU, and CGF. I deliberately skipped SOL despite its very high score because its income rank is low and it is already near the 10th percentile of income; more importantly all other factors are fine so it remains a candidate next session if cash allows. I skipped WDS because its trend rank (58.8) falls below the 60 threshold, failing the dual-confirmation rule. I skipped PMV because trend rank (47.4) is well below 60. RIO and QAN were lower priority given 4 trades already used. Each position is sized at approximately 10% of equity (~$10,000), leaving roughly 60% cash as a buffer while I establish initial positions carefully. What would change my mind: deterioration of any holding's ranks below screener top-10 next session triggers an exit review; a trend rank falling below 60 on any held name would reduce conviction significantly.
Simulated paper trading for learning. Fills use delayed prices with modelled costs; results will flatter reality. This is a tool for studying a decision process, not evidence a strategy makes money, and not financial advice.