When you give this recommendation: "Finally, if you are using leverage/options, you may want to consider stopping in the meantime and setting (increased) safety measures for the higher swing positions you already have."
How does one apply this to your experimental portfolio's framework? Is your thinking on your aggressive positioning changing?
There’s no change in conviction or a move away from the portfolio’s aggressive nature. It was created with the intent of being extremely aggressive, which is not a risk tolerance I’m confident in my personal account yet. But again, this is an experimental portfolio, so learning to tweak safety measures while remaining aggressive is part of the learning objective. So core positioning remains the same.
In this framework, “increasing safety measures” for the experimental portfolio looks like not entering new positions with leverage, and evaluating the currently held ones for what safety adjustments need to be made. I wish I could tell you what this looks like now, but I need still need to evaluate it! I’ll be sure to add my thoughts on Fridays update.
The strategy isn’t changing; it’s adapting. Conviction can stay high while short-term risk controls become more conservative.
Side note: I’d like to apologize for missing last week’s update. I had some family events over the weekend. No trades occurred besides METU closing at the purchase price.
Hey! Great update.
When you give this recommendation: "Finally, if you are using leverage/options, you may want to consider stopping in the meantime and setting (increased) safety measures for the higher swing positions you already have."
How does one apply this to your experimental portfolio's framework? Is your thinking on your aggressive positioning changing?
Cheers!
Thanks Jack! Great question.
There’s no change in conviction or a move away from the portfolio’s aggressive nature. It was created with the intent of being extremely aggressive, which is not a risk tolerance I’m confident in my personal account yet. But again, this is an experimental portfolio, so learning to tweak safety measures while remaining aggressive is part of the learning objective. So core positioning remains the same.
In this framework, “increasing safety measures” for the experimental portfolio looks like not entering new positions with leverage, and evaluating the currently held ones for what safety adjustments need to be made. I wish I could tell you what this looks like now, but I need still need to evaluate it! I’ll be sure to add my thoughts on Fridays update.
The strategy isn’t changing; it’s adapting. Conviction can stay high while short-term risk controls become more conservative.
Side note: I’d like to apologize for missing last week’s update. I had some family events over the weekend. No trades occurred besides METU closing at the purchase price.