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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: kidl who wrote (201800)	7/30/2011 10:34:47 AM
From: Claude Cormier	Read Replies (1) \| Respond to of 312908

I once ask a few frinds...and found out it goes between 10-20. So your 15 is probably very near the average. But believe it or not, I know of a few who carry 100-200 stocks... no need to say they are in big trouble.

To: kidl who wrote (201800)	7/30/2011 12:37:37 PM
From: Terry Maloney	Respond to of 312908

Not counting the flip flops, no more than 10 for me, usually closer to 5 or 6 ... same grey cell problem.

To: kidl who wrote (201800)	7/30/2011 2:51:25 PM
From: Nos Da	2 Recommendations Read Replies (1) \| Respond to of 312908

Used to be around 20 though went up to nearer 30 at times, now down to 9! Decided a few months ago to go to 'quality' (a relative term!) beacuse of potential market problems. Much prefer this way though the volatility may increase. But I'm in good company, the likes of Loeb in his book "Battle for investment survival" and Jim Slater "Zulu Principle" advocate this approach or at least something close to it. Put all your eggs in one basket and watch the basket (Loeb), whereas Slater recommends knowing more about your (few) holdings than anyone else ( I take this as meaning know as much as possible about each stock you own and this is achieved by having fewer stocks). Additionally, I find it much easier to track and more importantly much easier to manage my emotional capital, i.e. if I know more about a stock I own and it goes down it's much easier to either ride it out or add to the position rather than freaking out because I don't know the whole picture. Confidence (to a point) in what you own is very important IMHO.