Jaaims - Developers of one of the worlds most sophisticated trading algorithm today announces its latest testing results as it gears up for their upcoming launch in February 2020.
The team at Jaaims chose five (5) ASX200 companies and allowed Jaaims to trade these from the 27th May to the 27th August 2019, a period of three (3) months operating our algorithm at our "starter" subscription level which allows the user to trade up to five equities with a balance up to $5,000.
During this period Jaaims portfolio returned 17.08% nett of fees while the benchmark ASX200 returned 0.33%, comprehensively crushing the index. From our starting investment of $5,000, Jaaims ended the period with a profit of $1,001.21 successfully executing 16 of 19 trades, a 84.2% success rate.
Instruments Profit Trades Fees*
Commonwealth Bank (ASX:CBA) 197.18 2 (36.00)
Harvey Norman (ASX:HVN) 356.32 6 (99.00)
CSL (ASX:CSL) 404.23 6 (99.00)
Santos (ASX:STO) 16.76 1 (18.00)
Telstra (ASX:TLS) 350.72 4 (72.00)
Total 1,325.21 19 (324.00)
*Fees are the fees charged by your broker and differ from broker to broker. For this scenario we modelled $9 per trade ($18 in total to open and close a trade).
Whilst the results were pleasing, it's not time for us to stop! We continue to work around the clock developing and improving Jaaims ensuring we have class-leading product ready for launch early 2020.
We also still have space left on the waitlist for your friends and colleagues who wish to take up our offer of pre-registering and receiving $100 trading credit with your preferred broker for joining.
For more information or you would like to know more, please visit - jaaimsapp.com