Just did my morning audit of portfolio where I interrogate the validity of each holding not on performance against entry but on confidence of performance from this point on with another 24 hours of knowledge up my sleeve.
What was tad unnerving was number of open positions (31)
Predominately in the (you guessed it) Li / Co / Zn space and number of pilots (approx $2k) open.
On reflection maybe how it should be in this market? (usually only have around 15 open)
BTW the audit came up with only one sell and 4 marginal.
Marginal = FA strong, TA entry bad triggered partial stop but holding small FA emotion balance.
