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TopicStock Topic 22
StartTheMachine
02/18/21 2:55:24 PM
#125:


Sunroof posted...
in case it goes up a crazy amount, but Im not expecting that to happen in the immediate future.

Expecting this to happen based on research is the only reason I would put 50% of my portfolio in something for quick bucks. But research is the key word there, and I do like securing profits quick on moves like those. That's how I made 50k on ENZC, but I did that with like a 20% position size, until it became like 60% position size in a week and I bounced.

Personally right now, I'm enjoying being diversified in 5 stocks I know the ins and outs of. As someone who actually likes large position sizes, 30% seems adequate for even the highest of conviction trades.

now please ignore my hypocrisy when I put 50% in the CLOUD because I am a cultist for that stock

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