My batting average

[Louetta]

I just checked....of my last 33 buys, 24 have been sold at a profit of 15% or better. 5 are trading at a price higher than I paid and only 4 are in the red.

That means I have been successful so far in 29 of my last 33 picks. That's a hit rate of 88%.

I am HUGE?

Congratulations, large person. I sincerely wish you well.

I wouldst ask a question about portfolio construction. In following your picks should one put a fixed percentage into each new pick? E.g. you have 9 outstanding picks so are you essentially equally invested in each, plus or minus whatever each pick has gained or lost? Do you always have excess cash so you can buy a new pick without waiting for money to open up when you sell a pick at 15% profit? (Using some margin when needed might help here.)

I guess what I'm saying is how do you decide how much to put into each new pick on the BUY side? Your SELL rule is unambiguous (I think).

Appreciate your feedback.

[edward]

How does your success relate to an overall percentage increase in your portfolio? I'm just over 114% gain on a rolling 12 month basis which I think is pretty spectacular but I'm always looking to improve.

[mrmarket]

I just checked....of my last 33 buys, 24 have been sold at a profit of 15% or better. 5 are trading at a price higher than I paid and only 4 are in the red.

That means I have been successful so far in 29 of my last 33 picks. That's a hit rate of 88%.

I am HUGE?