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RE: Looking Like a Range

in #trading • 7 years ago

That's an intraday print. We've still got a couple of hours before it's official. 😉

What's more impressive though is the fact that my real portfolio, which I have managed and kept in balance by selling ADA twice now over the last two months of 2017 and buying laggards like STEEM (was a laggard when that happened), has kept pace! The locked portfolio currently has ADA at over 61% of the portfolio's weighting. That's completely insane from a risk management point of view. My real portfolio currently has ADA at a little over 17%, where it should be. Either way, ADA or BTS, which is the second most overweighted in the locked portfolio, or even STEEM, sooner or later, one of them was set to do what ADA has done. What the balanced portfolio does for you is to capture the individual big moves one at a time, if you're so lucky as to see them in isolation, and, theoretically your long term gains should be larger. This is still an example in the making, so we'll see if that holds true here too. As I say, the real accomplishment is the balanced portfolio management - when the balanced portfolio is keeping up with the hypothetical static benchmark, you've got something to write home about.

Buy Low, Sell High

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Quite amazing that your real portfolio is keeping up with the locked one. Just goes to show the value of portfolio rebalancing.

You've convinced me and I've decided I need to rebalance. My current dilemma is that all 4 of the horseman are grinding at their highs. Currently, I'm heavily overweight ADA and also holding bts and steem. No sys position. What would @cryptographic do?

I would seriously consider adding Syscoin to the portfolio and I'd also look very seriously at BitUSD. After that, if there were still funds left over from the ADA sale, I'd probably distribute them to the laggards in proportion to their lagging percentages.