Roast my portfolio

I'm a big boy... I can take it.

 

Looks nice.


The huge -P/L% doesn't look nice.

 

No doubt... Working on that part though.

 

I'm a little confused.
Although the portfolio overall seems to be underwater, you are claiming a gain in January.
I'm assuming that the value of the portfolio was 25K at the end of 2022 and you are counting from there.
What kind of risk control do you have in place?
It doesn't look like you cull your losers or worry about diversification.

 

somebody also likes to pick bottom.

 

%%
Most likely the top green trenders will turn out OK
+ may well keep trending profits +will keep trending profits.
But if that was me\ i sure would cut a bunch of the losers, scale out.
Even a good YTD like HOOD, I would look @it like so many things in markets profit+ worked for ;\+ that one has not profited for you.
I also lost money on CHGG some time ago, it looks like its one of the worst for you;
or any.
CAN SLIM max loss is 7or8% per single stock.
CHGG looks even worse YTD+ past 3 years\terrible

 

Man who picks bottom has smelly fingers.
-Confucius

 

This is correct.

My biggest risk is a company going out of business. I talked about how the large percentage losers are positions I took when I was piggy backing Cathie Woods and the portfolio has obviously been burnt by those holdings. I'm not looking to add to those positions and I'm willing to sit on them for awhile because at this point they are worth less than 10% of the overall portfolio.
Other than those Ark positions, I am willing to accumulate more of the other holdings even though they are down. I have the mindset of, If i liked it at 100 then i'll love it at 75. For instance, I don't see PYPL going anywhere (bankruptcy wise) in a long time so I lose absolutely no sleep over it dropping and me buying more at lower levels.
So my biggest risk control at the end of the day is to not go nuts on the margin. I don't go into margin any more than a couple months worth of deposits. So within a couple months I'll always be back to 100 equity if I don't buy anything else.

I absolutely never intend on diversifying. If I was needing to diversify then I'd just buy the SP500 and not do any of this. I would prefer to have about half a dozen positions and I'm okay with one position having 75%+ of the portfolio value.

 

Not sure exactly what you are referencing here but I couldn't care less if I pick the bottom. If I don't get the bottom of a stock then I'm typically just fine buying more at lower levels. This is usually preferable because if a stock goes up immediately after I buy it then it usually isn't as large of a position as I like.

 

This is true.