I've been very lucky, overweighting stuff that has gone up this year.
I've also been scalping, every day. On occasion, a trade has gone the wrong way. A few of them sit rotting in my portfolio (CRGN et al.).
Nobody is going to appreciate this comment, but I'm up on the year having been fully invested and often on margin. Nonetheless, I also have lead sinkers like LEXG in my portfolio.
I know that it's difficult to do, wading in to a stock that is getting routed, but this daily scalping routine has been working for a year now. It's getting even easier, as (1) research premiums have contracted to absurd levels, and (2) intraday shorts run scared at the first sign of stability.
Basically, trading with about 10% of resources has provided stability for the remaining 90%. I've taken profit after profit (mostly chippies, but there's been VPHM and some sensational option daytrades), with virtually all losses (enormous) still in the unrealized column. As a result, portfolio is leveraged to hilt.
I hope that this will contribute to a discussion of strategy. Don't feel like bragging..... this has been painful. |
