Short Term Trading Weekend Lounge: 1-3 Sept, page-128

  1. 1,224 Posts.
    lightbulb Created with Sketch. 227
    Well said @Krayz23
    Scaled entries starting small have been a big factor in boosting my portfolio performance. It's great for the confidence and helps with FOMO. I analyse a stock differently if I'm in vs out, and I analyse it best when I'm in small. Gives me time to get comfortable, trade in and out without additional capital if I see an opportunity.

    I've started re-balancing down to 5% positions as I'm over my head on a few runners. It's hard when you're doing well, but I know that statistically, one of those is bound to tank. As @gamefisherman says, it's the notional difference between $500 and $2,000. On the plus side, resizing will create 3-4 new trading opportunities for me

    Good fortune for the week ahead everyone.

    Dan
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.