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Title: Volume and Portfolio size? Post by: bryanmcn on January 05, 2017, 05:09:42 PM I have started using the SSP weekly portfolio picks lately. I am wondering if there is a dollar size of portfolio that SSP had in mind when they pick the stocks and their volume. Would $100K be too much? $200K? At what size of portfolio would the picks have too low a volume to allow market trades to be executed without volatility?
Thanks Title: Re: Volume and Portfolio size? Post by: Super Stock Picker on January 06, 2017, 06:54:52 PM Hello Bryan,
In order to make our portfolios easy to trade, we have set an average volume limit of $300,000 per day to make a stock eligible in our filters. Then, depending on which portfolio you want to follow, you can expect a different number of stocks to hold. See this study which shows a table with the average number of stocks on hold in each portfolio: http://www.superstockpicker.com/ultimate_price_momentum_series_study_part_2.html The Price Momentum Weekly portfolio is of course the one that will hold the most stocks at any time. If you are concerned about volatility, that might be the easiest choice for you. Title: Re: Volume and Portfolio size? Post by: bryanmcn on January 07, 2017, 10:41:22 AM Thanks - So depending on the number of SSP followers who trade the picks on the day they are flagged, a total portfolio of $100K - $200k or even higher would be doable without too much "shrinkage" on the bid/ ask when making market trades. Right? Am I explaining my question well enough?
Title: Re: Volume and Portfolio size? Post by: Super Stock Picker on January 07, 2017, 11:28:50 AM Do not forget that on our side, we record the close prices of the sessions when the trades happen. So, we are always using worst case figures as we record our "buy" or "sell" after everyone else does.
And we don't see particular movements on the day we recommend stocks... For a given user, the easiest would be to buy at market price on open, most of the trade volume takes place at the open or at the close. If you want a better control on your prices, you could also use limit orders, but they might need monitoring if they cannot be filled fast enough. Title: Re: Volume and Portfolio size? Post by: newinvestor1 on January 10, 2017, 01:36:33 PM It seems "Price Momentum Weekly" is obsolete as per this link. So, is SSP suggesting not to use it.
http://www.superstockpicker.com/ultimate_price_momentum_series_study_part_2.html Title: Re: Volume and Portfolio size? Post by: newinvestor1 on February 04, 2017, 01:48:36 PM Hi SSP Admin,
Just wanted to check this again: Is the $300,000 limit used for each specific portfolio (as in $300K for Ultimate Price Moment V1, $300K again for Ultimate Price Moment V2) etc....? OR is $300,000 limit is for all portfolios combined? |