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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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To: McTrader who wrote (14096)4/30/2017 12:16:35 PM
From: PT1950  Read Replies (1) of 14340
 
The beauty of the method if I execute correctly is my BTT portfolio grows every year whether the annual gain is 30% or over 100%. The portfolio gains early on weren't overwhelming dollar wise but every year the size of the purchases got larger as did the results.

I think 200% is possible with greater concentration but the question still unanswered is how will I act when the size of each new purchase is much greater than the sum of money I need to satisfy my needs.

So far I've found the larger sized positions haven't had an emotional impact despite being of a size that I would have thought in the past would be stressful. I realize that success has built the confidence to make bigger buys but there will be a point where I'm sure the size will become too worrisome - worries about the overall impact on the growth portfolio from a Black Swan type event.

I have found there are two things required for success. One is the business model/market opportunity or story as some like to say and the second is execution - in that order.

It sounds to me that you are well on the road to the successes you are looking for!

Cheers
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