I have a (possibly dumb) idea that needs opinion from the community. Would it make sense for a pie to re-adjust itself the percentages of individual instruments (periodically - every X secs/mins/hours/ā¦) to maximize profit? Basically, I want the pie to automatically increase the share of the stocks that are most profitable (by %) in that pie at that instant.
Example: Letās say, I have 10 very good, reliable stocks in a pie all having same share (10%). If at some point, 3 of them are skyrocketing/performing extremely well, I want the pie to increase their share automatically while decreasing the others.
Mind you, this is not rebalancing as in that case, youād have to sell some of the stocks to balance others. Here, I donāt care much about rebalancingā¦ rather I want to maximise this pie for profit. If even only 1 out 10 stocks in that pie is making profit, Iād want the pie to allocate more share to it.
Itād be nice to have this feature as a toggle so that we can enable/disable it whenever we want. That way, if for sometime we allocate more shares to some growth stock in a pie, we turn it off again to get back to the pre-defined %s.
I donāt even know if thisād make senseā¦just a thought
Iād say that would make T212 servers explode. Also it sounds like trying to ātime the marketā which apparently is a very bad idea. Youāll probably lose in the long run. However if the feature was available Iād probably give it a go for a week or so!
Currently itās not possible to change targets automatically and without userās consent. This is because of the same bureaucracy limitation that prevents us to do self-balancing auto-deposits. We have a plan to make it happen, though.
1st stage - pie sharing
2nd stage - the ability to copy somebody elseās pie into your portfolio
3rd stage - pie following
4th stage - pies managed by our algorithms
You join a pie group and you get to vote on whats included and what percentage?
That way you can collectively invest together and everyones to use.
A bit like proquant. You can see how well its done historically and roughly what kind of return is expected and how risky, maybe even have a little chat inside the group
I hardly have any doubts for its technical feasibility. I might lose money, yes but it depends on the instruments I have in that pie. If theyāre āreliableā, itād be an unbalanced pie briefly but I might not lose money.
Iām afraid exposing user-friendly APIs is low on our priority list, considering the number of new features coming to AutoInvest and the core product itself.
Maybe a better solution would be to find a way to show the instrument prices in the pie holdings list.
That sounds good. Presently in the pie holding list we see at the left ā% / target %ā under each instrumentās name and to the right under the value is displayed ātotal change (total change %)ā. Perhaps a single finger press on some toggle button could change the displayed information to āshares ownedā under the name, and āday change (day change %)ā under the value?
The toggle press button could be the centre of the pie. On pressing at the centre of this circle, the numbers under the total value of the pie would also change from ātotal change (total change %)ā to āday change (day change %)ā.
I do like to look at the charts of day price changes that I can see in a watchlist. Therefore I am presently making a separate watchlist with the same content as each pie. It is a bit tedious to do, so I was thinking some automation of that could be nice.
to use.