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Strategies & Market Trends : Timing the Trade the Wyckoff Way -- Ignore unavailable to you. Want to Upgrade?

To: coferspeculator who wrote (14101)	5/19/2017 4:22:51 AM
From: McTrader	Read Replies (1) \| Respond to of 14340

Thank you for the input Mr. C. It's a great summary of many of the ideas you have been driving at on this board and I've added it to my collection of other great posts from you. My apologies, however, as my question was a bit vague. What I was hoping for was input on was your experience with strategies for dealing with a portfolio once it becomes so large individual positions become unwieldy. Or as PT put it "...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 know from your posts that your margin portfolio used to be three stocks, but that you increased it to four stocks once it grew big enough in size. I suppose that's one idea, just increase the number of stock slots. Any further input from your experience on how to deal with portfolios once they really grow in size would be great. This won't be an issue for me for a while, but just thought I'd ask. One idea I've considered is to only keep an amount in the portfolio that is comfortable to manage, and put the rest on autopilot in an index fund or ETF like Vanguard's all market ETF (VTI). As I think about it, I suppose it's all relative. A 10% loss or gain, is a 10% loss or gain. Whether that's $1 or $1MM, the relative impact on the overall portfolio would be the same. It boils down to picking the best stories and executing consistently (which implies controlling emotions), the dollar amounts work themselves out. I may have just answered my own question, but I'll post this anyway :-D