Timing the Trade the Wyckoff Way Message Board

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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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From: PT1950	12/14/2015 11:29:01 AM
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I don't know if a larger or smaller number of stocks is best. For now I'm sticking with what is working. 2012 turned out to be a watershed year for me as an investor. Limiting my portfolio purchases to a handful of stocks (8 or 9) and sticking to some simple selling rules paid off in a big way in 2013 and 2014. A lot of credit goes to BTT for their input, as well as being invested during those two years when the markets were doing well. I'd been wondering how well things would do when the markets weren't doing well. Since it now appears 2015 might be one of those years with the SP setting up to end the year with a loss or small gains, I'm quite happy with the results. While the overall percentage gains this year won't come close to approaching the percentage gains for 2013 and 2014, they are many multiples higher than the SP average is this year. The multiples were much less in the previous two years when the SP ended the year with double digit gains. This year the multiple may be 35 to 40 times greater than the SP if the SP ends the year near breakeven. While a gain of 35% to 40% doesn't compare to a triple digit gains, doing well during a difficult market year is probably a more difficult task. Would the result have been better this year if more funds were concentrated in fewer choices? I bought and sold SKX during the year so for this trade the answer would be yes. On the other hand, I have some doubts to whether PANW or FB would have been held if concentrating funds in a smaller group of stocks. Both of these have provided excellent gains during a weak market year. Jumping to another topic, I think my trading costs this year will be under $250. Back in 2010 and in 2011 the costs each year were well over $3500. I still end up shaking my head in amazement when I look back at how I used to trade. Cheers!

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