Retail investor: I've got like 30 different options trades going at once. Staying diversified.


Me: Can you even keep track of all 30?
Retail investor: Honestly? Not really. Some I forget I even have.
Me: So you're spread so thin you can't watch any of them, on companies you barely researched?
Retail investor: ...yeah, it's kind of chaos.
Me: That's the key thing... that's not diversification, it's just over complicating it...
Retail investor: So fewer trades I actually understand?
Me: I'd rather sell a few portfolio secured puts on elite companies I bought at great prices & know very well vs 30 randomly picked off a screener.
Conviction comes from knowing what you own.
Don't confuse 30 random trades with being diversified...
Spread too thin & you can't watch or understand any of it.
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