Allocation of capital
Firstly, thank you for your service :-) . Secondly, my question is related to the administration of the portfolio, but I hope it is still in the realms of the Saturday session. In your "Trade Alerts" you provide a percentage of capital to allocate to the specified stock. I am a little bit confused at this point. Let say you specified – 4%. What does it really mean? Does it mean 4% of the starting capital? Or is it 4% of the whole total, the value of the open positions + available cash? Or maybe something else I haven’t thought of at this stage yet? Could you elaborate on that?
