Before we start investment we need to know what’s the characteristic of the market.
Vietnam stock market also have some special characteristics.
By knowing that, we can achieve higher return with lower risk.
I tested continuity of Vietnam market.
Here is what I simulated.
1. I downloaded VN Index data from investing.com
2. If previous day’s market went up, we buy
3. If previous day’s market is down, we don’t buy.
Here is analysis
Performance when we apply the logic
and this is buy and hold situation
Return of strategy(buy when previous day’s close is up
Buy and hold for all time