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Turn Of The Month Trading Strategy. Has anyone tried it?


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Turn Of The Month Trading Strategy (2023 Update)

The TOM Strategy is a well-documented strategy for trading indices such as the S&P 500 & FTSE 100. The idea is simply that the markets make greater than average positive moves from the last part of the month to the early part of the next month.

A common rule is go long at the close on the 5th last trading day (T-4) & sell at the close of the 3rd (T+3).

Many tests have been done over the years and it has be shown to give a positive return, often more favourable than a buy and hold strategy.

See our full write up and analysis. Including our test on 2022 data,

https://moneysandi.com/turn-of-the-month-trading-strategy-2023-update/

Has anyone tried it? Let me know how you got on if so. 

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