We have just completed our first partial quarter using the new portfolio tracking system for our members at TTTHedge.com. To enable quarterly tracking and to capture our earnings play for the end of the quarter we offset our fiscal quarters one month. We run Feb-April, May-July, Aug-Oct, Nov-Jan quarters.
Today I have reset the portfolios and Tom and I discussed going to a more simple portfolio setup and to par down the portfolio sizes. We are going to drop the IRA portfolio and simply have a Traders and Main portfolio. Traders will stay the same as a day-trade to short swing trader (1-5days) and the Main portfolio will be our longer term 5 days+ as the markets begin to trend.
Traders will be funded with $100K and the Main account will have $500K. Hopefully this will be easier for everyone to follow and size their own accounts appropriately.
I have moved the non-duplicated trades (CSCO, QCOM) from IRA into traders and adjusted their sizing.
Let us know if you like the new portfolio setups or if you have any better ideas. The point of the portfolios is to force you to think of the market in multiple time frames and to do appropriate position sizing and hedging.
When I get some free time I will add some measurement metrics to the historical trades.
