Thursday 12 November 2009

Then there were 3

It occurred to me that as one weekly portfolio adheres to the principle "You'll never go broke taking a profit" and the other weekly portfolio is testing the "Let your profits run" principle, it seems likely that one will perform better in certain market conditions than the other, and as the market is constantly changing it's possible that a hybrid of the two might perform best overall.
So to test that theory I'll be starting a third portfolio which will be identical to the other two portfolios except for the exit, where if a sell  signal occurs, half the position will be sold to take some profit and half will be kept to let profits run. I will call this new portfolio P Hybrid, although P Soup and P Stew were tempting alternatives :)

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