I have a lot of trades that are too thin to talk about. Little arbitrages or value stocks that are thin.
In terms of big thematic stuff, it will vary from 3 to 10. Part of the reason for doing this new format is that I want to force myself to be more accountable and list positions more formally. However, the market has basically been crashing from the moment I started, so it makes no sense.
When things settle down, I intend to list all the thematic ideas and put stops. I just don't want to do it in these crazy times. Not only that, I am being a lot more nimble right now. I might get rid of positions more quickly than usual because of the heightened volatility. All the pro traders I know are being more nimble. They keep trying to take stabs on both sides, but they aren't getting married to any positions.
I promise to talk about this more when things settle down. I even have portfolio ideas that I want to discuss. Lots of things to add value to slower moving accounts.
So then what is your portfolio risk target? And on average how many "ideas" do you have in your portfolio?
I have a lot of trades that are too thin to talk about. Little arbitrages or value stocks that are thin.
In terms of big thematic stuff, it will vary from 3 to 10. Part of the reason for doing this new format is that I want to force myself to be more accountable and list positions more formally. However, the market has basically been crashing from the moment I started, so it makes no sense.
When things settle down, I intend to list all the thematic ideas and put stops. I just don't want to do it in these crazy times. Not only that, I am being a lot more nimble right now. I might get rid of positions more quickly than usual because of the heightened volatility. All the pro traders I know are being more nimble. They keep trying to take stabs on both sides, but they aren't getting married to any positions.
I promise to talk about this more when things settle down. I even have portfolio ideas that I want to discuss. Lots of things to add value to slower moving accounts.