Market Updates without reference to lot # makes challenging to trace

[Centeron631]

I believe i am reiterating an opine of Triplethought given in the past that the updates not specifying the # of the lot that is being referred to makes it more time consuming to find the latest historical instruction info on a stock especially since not all are in the historical section of each update. My hope for the future levels can be numbered rather than using words "another" "one more" etc. if possible.

[Triplethought]

I believe i am reiterating an opine of Triplethought given in the past that the updates not specifying the # of the lot that is being referred to makes it more time consuming to find the latest historical instruction info on a stock especially since not all are in the historical section of each update. My hope for the future levels can be numbered rather than using words "another" "one more" etc. if possible.

Agree. jlhooter's spreadsheet makes this a bit easier but requires a few extra days and checking another source.

I also find confusion when I buy 2 lots of something and the instructions say "sell half" or "close half". I find myself saying "does he mean sell 1 of the 1/3 lots (of the 2 we own) or does he mean sell 1/2 of a lot (leaving 3/4 of the position open. Maybe I'm overthinking it.

[DrSven]

The sell instruction is mostly about 1/2 a position, i.e. no matter how much lots are accumulated in this play, sell half of the whole position. That is my interpretation at least.
Apart from that, I too sometimes find myself looking for the number of lots that are deployed in a play so far. This means going back through all MUs, so far. To avoid it, I support Centeron proposal.

[SOL]

The sell instruction is mostly about 1/2 a position, i.e. no matter how much lots are accumulated in this play, sell half of the whole position. That is my interpretation at least.
Apart from that, I too sometimes find myself looking for the number of lots that are deployed in a play so far. This means going back through all MUs, so far. To avoid it, I support Centeron proposal.

Your analysis on the first part is correct. Sell half means sell half of the position we are holding. As for the lots, one just has to go back to the last portfolio update to check how many lots we have. However, the bigger question should be is whether you like the play or not. If the answer is yes and you are getting it at a lower price, then there should be no problem. We will take this suggestion into consideration and whenever possible state this is the second lot, etc, but we have many plays to monitor so we cannot guarantee that we will do this all the time. The only way to guarantee this would be to reduce the number of plays by roughly 50%

[jlhooter]

The sell instruction is mostly about 1/2 a position, i.e. no matter how much lots are accumulated in this play, sell half of the whole position. That is my interpretation at least.
Apart from that, I too sometimes find myself looking for the number of lots that are deployed in a play so far. This means going back through all MUs, so far. To avoid it, I support Centeron proposal.

Your analysis on the first part is correct. Sell half means sell half of the position we are holding. As for the lots, one just has to go back to the last portfolio update to check how many lots we have. However, the bigger question should be is whether you like the play or not. If the answer is yes and you are getting it at a lower price, then there should be no problem. We will take this suggestion into consideration and whenever possible state this is the second lot, etc, but we have many plays to monitor so we cannot guarantee that we will do this all the time. The only way to guarantee this would be to reduce the number of plays by roughly 50%

I take "Sell 1/2" as sell 1/2 of shares owned for that position.

I determine my gain (loss) based on the proposed exit price by the following equation: [(proposed price / my average entry price) -1] × 100 (to get percent)

My average entry price is calculated: (sum-total $ paid for ALL lots) / (sum-total shares accumulated for ALL lots). This way I remove my bias or need to manage lots purchased; remember that generally you use almost the same $ for each lot; price goes down at lot 2 for example means you buy more shares relative to lot 1. But in the end it doesnt matter since my avg price formula allows me to not care how I purchased my lots for that position

[jlhooter]

Units for My avg entry price is $/share. That way I compare $/share for exit v. entry

[DrSven]

The sell instruction is mostly about 1/2 a position, i.e. no matter how much lots are accumulated in this play, sell half of the whole position. That is my interpretation at least.
Apart from that, I too sometimes find myself looking for the number of lots that are deployed in a play so far. This means going back through all MUs, so far. To avoid it, I support Centeron proposal.

Your analysis on the first part is correct. Sell half means sell half of the position we are holding. As for the lots, one just has to go back to the last portfolio update to check how many lots we have. However, the bigger question should be is whether you like the play or not. If the answer is yes and you are getting it at a lower price, then there should be no problem. We will take this suggestion into consideration and whenever possible state this is the second lot, etc, but we have many plays to monitor so we cannot guarantee that we will do this all the time. The only way to guarantee this would be to reduce the number of plays by roughly 50%

If it means that much afford that you would have to reduce the number of plays by 50%, I gladly pass on it and rather prefer a larger number of plays to choose from. Thanks.

[bpcw]

Always thought it was straight forward that it's sell half of your current holding, I wouldn't want anything to compromise the number of plays. Just sell half, worry about how many lots you've purchased later!

[symbios]

I didn’t think that much into those instructions. If it says sell half, I’ll sell half of what I have. Sometimes Market Update and AI have similar positions and it gets messy to track and I’m not willing to spend too much time on sorting it out so I just follow whatever latest instruction I could find. Anyway, my thinking is it it makes money and reduces my exposure to the markets, let’s not count the amount we leave on the table. No point worrying too much on missing profits as long as we are making profits.

[Cinnamon]

I think individuals are overthinking something that is very simple. I don't see any ambiguity in the statement to sell half of the position. It can only mean one thing, sell half of the entire position.

As for the 1st lot or 2nd lot, etc. I never gave that much thought, because we don't get two deploy all three lots that often. If I am not following the play closely. I quickly check my portfolio, if I have no position it means it's the first lot, if i have a position it means the 2nd lot. If Sol ever deploys more than 3 lots which we did last year when we purchased KEY, he mentions this. As I deploy equal amounts into each, play lot size is not an issue. If there is no money left to deploy in that position. by default it means I have deployed 3 lots. Following the simple rules, TI lays out goes a long way in reducing one's stress and makes the whole investment process that much simpler.

I for one would not want Sol and his team to waste valuable time over such a minor issue

[AstuteShift]

My first real trade from TI was their bitcoin analysis when it was at 4K

I loaded the truck and made massive gains.

You don’t need to be in all positions, pick the ones you like