Insider Buy Trading
Insider buying in a company can signal positive developments. We use insider buying to form a monthly trading strategy.
On the first of every month, get the company with maximum insider buying in the previous month and place BUY order and SELL the same on the last trading day of the month. I backtested this from January 2016 to September 2021 for 69 months, here are the results. Below is the summary and cumulative graph for initial corpus of 2 lakhs.
Corpus | 200000 |
Stop Loss | -5% |
Net Return With SL | 178% |
Net Return Without SL | 6% |
Monthly Average With SL | 5148.582954 |
Monthly Average Without SL | 170.9495817 |
Max Profit | 55534.31983 |
Max Monthly | 01-11-2020 |
Max Company | ELGIEQUIP |
Short Term Capital Gains Tax | 15% |
Tax | 83287.83357 |
Post Tax Net | 471964.3903 |
Post Tax Return | 135.98% |
How do I start off ?
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Start off with an amount you can afford to lose. You can make a copy of this excel to calculate returns for different corpus amounts and stop losses.
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Subscribe to Vikhed Monthly Insider Summary Newsletter. Every month, you’ll get a mail of companies with maximum insider buying and maximum insider selling.
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Buy the company with maximum buying and hold till the end of the month.
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You might have to monitor the stock price for stop loss.