Re: Diversification
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Anybody care to weigh in on either side of this?
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It's risky, I like to have around 5-10 stocks. But I'm sure you can be successful doing it.
If you are going to take this strategy I think you have to get out of your losers fast. Really fast, maybe stop loss at 4% or so. That might be too fast. Especially because I often end up with smaller, more volatile stocks.
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