This is not really my thing but I want to look into these correlations
First half of my risk is in crypto and they are all correlated.
Is it also correlated to the S&P?
Not really. On the way down the S&P did not drag Bitcoin along. There is no correlation at all with gold, all good.
The FX pairs are a bit correlated but half size each (for now).
So apart from the cryptos my porftolio is diversified. I mixed up the "long" term and short term but hey anyway each half (short & long) of it is checked.
The short term is all diversified the long term crypto heavy. Soybean has no correlation whatsoever also.
With cryptos I should stop adding and just ride it for now. To be real honest I don't have double clip on Bitcoin but maybe closer to 4 😀
My risk manager doesn't care he knows I am the chosen one. On the way up I should secure some profit before I re-enter with bigger risk.
I really want to hit it. But ye going through this I may be a bit overexposed. Let's make sure it goes up before going mental.
Just like with the S&P it's almost touching ath, it can smell it.
I really got 1.5 "big" bet long term, well if it goes to the sky it will be big.
And then a small short term portfolio, not really using advantage of Ray Dalio magic growth via many uncorrelated positions here.
Except I take what the market gives I'm sure some people think they can coinflip trades and the "power of diversification" will magically earn the profit.
Basically 3 positions short term it is fine, hopefully 1 of them wins.
TO THE MOON!
First half of my risk is in crypto and they are all correlated.
Is it also correlated to the S&P?
Not really. On the way down the S&P did not drag Bitcoin along. There is no correlation at all with gold, all good.
The FX pairs are a bit correlated but half size each (for now).
So apart from the cryptos my porftolio is diversified. I mixed up the "long" term and short term but hey anyway each half (short & long) of it is checked.
The short term is all diversified the long term crypto heavy. Soybean has no correlation whatsoever also.
With cryptos I should stop adding and just ride it for now. To be real honest I don't have double clip on Bitcoin but maybe closer to 4 😀
My risk manager doesn't care he knows I am the chosen one. On the way up I should secure some profit before I re-enter with bigger risk.
I really want to hit it. But ye going through this I may be a bit overexposed. Let's make sure it goes up before going mental.
Just like with the S&P it's almost touching ath, it can smell it.
I really got 1.5 "big" bet long term, well if it goes to the sky it will be big.
And then a small short term portfolio, not really using advantage of Ray Dalio magic growth via many uncorrelated positions here.
Except I take what the market gives I'm sure some people think they can coinflip trades and the "power of diversification" will magically earn the profit.
Basically 3 positions short term it is fine, hopefully 1 of them wins.
TO THE MOON!