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Pastimes : DD's DD

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To: Due Diligence who wrote (182)11/8/1999 1:33:00 PM
From: Chris O'Keefe  Read Replies (6) of 2080
 
Due Diligence (and anyone willing to help),
I am looking to improve my strategy in playing the OTC market and am looking for advice. I have been playing for about three years and have had tens of thousands of dollars of losses.

I believe my key fault has been a lack of diversity. I usually load up on one stock--the one I think is super hot. All my money goes in there. Every now and then I "diversify" and own two stocks.

My question is: How many stocks do you own at any one time on average?
(I currently own four stocks with a percentage breakdown of roughly 30/25/25/20 in terms of allocation of dollars).

Thanks for any help--just trying to recoup my losses.

Regards,
Chris
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