While the pursuit of profitable trades is why we are primarily in the market, which also acts an incentive going forward, considering your age, the focus you want to have on your career, and while I do understand your enthusiasm and spirit, and while I do acknowledge the feeling of making bigger profits at a young age, I would say not to bother too much about the numbers, the allocation, the profit, at this stage, and create a process, a method by learning and experiencing.
And as you go forward in life and career, with the understanding and experience you gain, you can allocate more and reap bigger profits, core, satellite or any other, the losses will be fewer and the gains will be more.
Even if you are passionate, and can handle the pressures of allocating time, and can put in the effort, even to the point of sacrificing some joys, and are inclined to make it big quicker than others, don’t look at the decisions from numbers alone, look at them in the context you have taken those decisions.
I get this feeling too, for the stocks that have risen more than my expectations. What if I had allocated more to this stock, it doubled in less than a year, why didn’t I allocate more, if I had allocated more I would have make double the profit, I did not allocate more because I was afraid of losing more if loss happens, maybe I couldn’t afford such a loss, or I was not comfortable with such a loss.
If you actively participate in the market, and when you look back after a couple of years, I am almost certain you will not be in agreement with all the decisions that you are taking today, you may even find holes in your thought process that you have today. Learning and experience in the market will eventually make us take better decisions as we go forward is all I am saying.
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