Short Term Trading Week Starting: 18 Apr, page-420

@specgoldbug
I wouldn't presume for a minute to know what's right and what works for others but I can say that my returns from the market increased dramatically when I greatly reduced the number of spec stocks held at a give point in time and instead focussed on holding a much smaller number of high conviction stocks and with much larger average parcel size.
1) It allowed me to focus more time and research into those stocks held
2) It took the mental stress of having to generate very large % returns from each trade and instead, know that 50-100% on any given trade was going to make me half a year's wage. If they go bigger than that, well and good, but the point is they don't have to.

I see what looks like lots of members jumping on a stock every time it mentions the word lithium; every time a company goes tech; every shell in a dealmaker's stable, once they have any sort of success with one of their shells. I have no idea how anyone can spread themselves so thin and maximise returns but each to their own.