Divyanshu's Portfolio

I wish to suggest the opposite - It is actually less risky to buy the stock which has done well, pricewise, in last one year. The stocks that have done well are likely to continue doing well. I have an active trading algorithm whose edge is based on this idea. But it only works in Indian market, not in US stocks, probably because trading in US is much more competitive, and I fully expect this edge to disappear as indian markets grows to become more competitive too.