Diversification of My Portfolio
I updated my diversification table on my Current Portfolio page and below. I’m far too heavy in Tech since options expiration. What kept me balanced before expiration is no longer part of my account and now I have half of my plays in Tech and it’s worse than that considering the dollar amount for each.
This will improve as I enter new positions, but I will prohibit myself from trading into any more Tech until I’ve removed one or more of these I’m already in. This is such a good drill to do on a regular basis to make sure all your eggs are not in one basket. In fact, what this tells me is that I almost have to dump some of my NVDA shares I’ve been debating about. Before that, I might go ahead and take my losses on MOT. I’m ready to start with a clean slate anyway. […]
Original post by Alex Fotopoulos