UTI ADDITIONAL STRATEGY
Analysis Technical Analysis

0 Like 0 Dislike 10 Replies
2 years ago

Hi,

I am aware everyone here is somehow using UTI based strategies in their portforlios.

This leads to a question do you guys keep waiting for a breakout to happen on the same chosen portfolio of markets (say 8, may be 10 or in some cases 15) which you have chosen in the beginning or you are continously expanding your portfolio keeping the initital investment to be same.

Looking for an answer?



Posted 2 years ago 0 Likes   0 Dislikes

That is true... Once you decide on instruments , you will need to stick with them and mind them as you might miss an opportunity...



Posted 2 years ago 0 Likes   0 Dislikes

i suppose you can expand on your portfolio , but once you have it, you'll have to stick with it. So if you expand to 30/40 instruments , you will need to trade them/mind them all the time.



Posted 2 years ago 0 Likes   0 Dislikes

I'll Agree here With @Raymond. 

You gotta stick with the same instruments if you want to make money... 

Happy Trading!




Posted 2 years ago 1 Likes   0 Dislikes

Hi

You want to keep your portfolio for as long as you can.  (As Long as it's properly diversified)

Conitually expanding (changing) your portfolio could result in you continually trading in the ranging areas of any particular instrument. 

The idea of maintaining a consistant portfolio is that whilst you experience some pain on a particular instrument (ranges), you will eventually experience the gain. (Breakout)



Posted 2 years ago 0 Likes   0 Dislikes

I think that a good number of markets will be about 12-16. 

This allows you to actually have some movement especially in the uncorrelated markets. 

At the same time if you decide to go for more, you must be prepared to spend a lot more time on the PC...



Posted 2 years ago 0 Likes   0 Dislikes

You also need to make sure that your last theoretical closed trade calculation is still valid.



Posted 2 years ago 1 Likes   0 Dislikes

You also need to replace your pending orders every day for all the instruments because the ATR changes from day to day. 

Your values won't be the same in three days for example. So your order won't be ''as good'' anymore. Your orders must stay up to date.