Holding Bags

If you're a nimble trader, move on, this post is not for you. Something no one likes to confront is pain. When investing pain comes in the form of trades going against us or positions not holding their gains or worse becoming losses. How do we mitigate this

It's come to my attention that I may have overlooked an important piece of my LT portfolio management. When/how I buy and sell. Please remember the LT has very limited trading in it. This portfolio is built to buy and buy and buy, and trade a few

In my opinion, discipline is imperative to successful portfolio management. Here are the rules I use to manage my portfolio: 1. 12-15 positions 2. Full-size positions are as large as 15% of the portfolio 3. Only starters can be allocated overweight size (+15%) 4. Speculative holdings cannot be full-size positions

I've spent a lot of time going over how I wanted to structure my long term portfolio. The number of names has ranged from 10-30 while managing my long term account. After experimenting with varying numbers of positions and different sizes, I found a style I like -

Hi! I'll be putting longer thoughts and ideas here than my StockTwits [https://stocktwits.com/holdingbags] posts and Charts For Charity [https://join.slack.com/t/chartsforcharity/shared_invite/zt-85j3imgl-inSXw_U7X7IurTlRrrLWSA] entries! All my best to you! Bags